Insurance will cover losses from a hacker attack on Sony - ForumDaily
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Insurance will cover losses from a hacker attack on Sony

The damage to the film company Sony Pictures from the recent hacker attack will be fully covered by insurance, reports Reuters with reference to the head of the corporation Michael Linton.

Insurance compensation will help to avoid further cuts in the costs of a Hollywood studio.

“I would say the cost is much less than anyone would have imagined, and it certainly won't be a budget buster,” Linton said.

According to preliminary estimates by experts, the damage from a hacker attack amounts to $ 100 million.

The US authorities in connection with this hacker attack stepped up sanctions against North Korea, which rejected accusations of involvement in this action.

DPRK was suspected in connection with the alleged revenge for the comedy "Interview", in which American journalists kill the North Korean leader. However, a technical analysis showed that the cyber attack was most likely carried out by an insider, and the North Korean servers were used to divert attention.

Source - RBC Daily

Miscellanea In the U.S. USA Sony Sony Pictures
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