Sony Breach Settlement Reached

A US District last week gave final approval to a multimillion-dollar settlement in a class-action lawsuit filed against Sony Pictures by ex-employees whose personal information was exposed in Sony's massive 2014 data breach.  

According to an Associated Press report, Sony Pictures Entertainment has agreed to provide three years of identity theft protection for around 437,000 employees, services covering up to $1 million and a fund to reimburse any other losses. Some 18,000 of the petitioners have already signed up for the optional service offered by Sony under the deal. The exact settlement amount has yet to be announced.

In November 2014, hackers breached the company’s computer systems and obtained employees' personal data, releasing sensitive information online. North Korean hackers were blamed for the attack as retaliation for the release of the movie “The Interview.”

See the Portland Press Herald’s news article for more.