Sony Hack Shows Need For Cyber Coverage On Many Fronts
Law360, Los Angeles (January 9, 2015, 2:04 PM EST) -- The massive Sony Pictures Entertainment Inc. hack raises concerns beyond the privacy and data liability issues seen in other recent high-profile cyberattacks, underscoring the need for companies to acquire comprehensive insurance coverage to shield themselves from other cyber-related risks such as business interruption, attorneys say.
The monumental cyberattack, which first made headlines in late November, shut down the Sony Corp. unit's network for two days and compromised personal information for 47,000 past and present employees, as well as several new or unreleased movies and internal emails containing confidential corporate data. Sony also responded to the breach by offering only a limited...
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