Sony Falls as Company Said to Be Subpoenaed by New York for Data Breaches
May 4 (Bloomberg) -- Richard Torrenzano, chief executive officer of the Torrenzano Group, talks about Sony Corp.'s handling of data breaches of its PlayStation Network and Sony Online units. Sony was subpoenaed by New York Attorney General Eric Schneiderman over the breaches and representations made to customers, a person familiar with the probe said. Torrenzano speaks with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)
May 5 (Bloomberg) -- Jane King summarizes the top stories this morning on the Bloomberg Business Report. (Source Bloomberg) (Source: Bloomberg)
May 3 (Bloomberg) -- Daniel Ernst, an analyst at Hudson Square Research, discusses security breaches at Sony Corp. Sony, the maker of the PlayStation 3 video-game console, may have exposed customers to years of potential identity theft after hackers breached the company's online entertainment networks in mid-April. Ernst speaks with Erik Schatzker on Bloomberg Television's "InsideTrack." (Source: Bloomberg)
Sony Corp. (6758), said to be subpoenaed by New York over data breaches of its PlayStation Network, declined to the lowest level in more than a month in Tokyo trading after raising the number of accounts that were compromised.
The stock dropped as much as 4.5 percent to 2,211 yen, the lowest intraday level since March 15. The shares were traded 4.2 percent lower as of 9:26 a.m., while Japan’s benchmark Nikkei 225 Stock Average slid 1.8 percent
The maker of PlayStation game consoles was attacked by computer hackers between April 16 and April 19 and the intruders may have gained information on 101.6 million users of Sony’s online services for games, music and films. The company was subpoenaed by New York’s attorney general over the data breaches, a person familiar with the probe said.
Sony is offering customers of its PlayStation Network and Qriocity online services a year of free identity-theft monitoring. The company is in the final stages of testing the PS Network before restarting it, Patrick Seybold, a spokesman for the Tokyo-based company’s video-games unit, said today in a blog post.
To contact the reporter on this story: Mariko Yasu in Tokyo at myasu@bloomberg.net.
To contact the editor responsible for the story: Anand Krishnamoorthy at anandk@bloomberg.net
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