Sony’s insurers to help foot bill for data breach
ony is looking to its insurers to help pay for its massive data breach, an amount that one expert estimates could exceed $2 billion, but others said insurers may balk at ponying up that kind of money.
“We have a variety of types of insurance that cover damages. Certain carriers have been put on notice,” Sony Corp spokesman Dan Race told Reuters.
Race declined to name the insurers or to say whether there was a cap on the size of any payout they would make to Sony.
Sony has been under fire since hackers accessed personal data for more than 100 million of its online video game users. It has said it could not rule out that some 12.3 million credit card numbers had been obtained during the hacking.