Zurich American takes Sony to court over data breach claims

A new court case between the Zurich American insurance company and Sony – its client – may set a precedent for future decisions made regarding an organization’s liability and coverage at the time of a data breach. The insurer has stated that it will not cover Sony’s costs for the many class-action lawsuits that have occurred following the massive database breaches it experienced earlier in 2011, and is seeking the support of the courts for its decision. Sony has already reported that it anticipates that the direct financial cost of…

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Sony claims efforts to protect intellectual property made it a hacker target

Sony Corp. has announced that it believes the reason that hackers targeted its networks was because it was making attempts to protect its intellectual property. The announcement was made at a shareholders’ meeting for the company by its CEO, Howard Stringer, at the same time that he dodged a request for him to step down from his leadership position in the organization. Sony was attacked by hackers in April 2011, when 77 million user accounts were breached, allowing the attackers to gain access to the personal information within them. The…

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Sony gets hacked in latest ring of cyber crimes

Sony Corporation’s computer system is the recent prey of the latest attack launched by unscrupulous hackers. The group LulzSec claimed responsibility of the recent attacked. The incident proved that even Giant electronic companies like Sony are also vulnerable to different types of security infringements like hacking. LulzSec is the same group that also claimed to have made the attacks on world renowned television networks like Fox.com and U.S. PBS television. The server of electronic giant, Sony is its latest prey. LulzSec claimed it successfully hacked the server running the websites…

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