Cyber Security

Sony Hack Lawsuit Settlement Could Cost Company Up To $8 Million

“Sony Pictures Entertainment has reached a settlement with current and former employees over a hack of its computers last year, agreeing to pay up to $8 million to reimburse them for losses, preventative measures and legal fees.

The settlement was filed with the U.S. District Court in Los Angeles late Monday. It calls for up to $10,000 a person, capped at $2.5 million, to reimburse workers for identity theft losses, up to $1,000 each to cover the cost of credit-fraud protection services, capped at $2 million, and up to $3.5 million in legal fees.”

Source: Sony Hack Lawsuit Settlement Could Cost Company Up To $8 Million – NBC News

OODA Analyst

OODA Analyst

OODA is comprised of a unique team of international experts capable of providing advanced intelligence and analysis, strategy and planning support, risk and threat management, training, decision support, crisis response, and security services to global corporations and governments.