Citing a lack of corporate contorls and preparedness to protecting mission-critical data, more corporate boards are holding back the salaries and bonuses of its chief executives. At Sony, Corp., the board of director’s decided to cut the salary of its current CEO, Howard Stringer, by 15%, and its probably successor Kazuo Hirai, from 110 million […]
In what may become the “straw” that broke the brand reputation to Sony, Corporation’s, PlayStation Network, the company announced on Wednesday that it was forced to suspend around 93,000 user accounts after discovering a significant number of unauthorized sign-in attempts. The latest suspension comes just 6 months after Sony was hit by a cyber-attack on its […]
The New York Times reported today that the recovery expenses for Sony, Corp., related to its hacking incident this past April will likely exceed $173 million U.S. dollars. This announcement coincides with the Company’s decision to promote Mr. Andrew House to the position of president and chief executive of Sony Computer Entertainment. This position was once held […]
A realization through revelation has finally emerged in the wake of a cyber-attack at Sony, Corp., by its CEO, Howard Stringer – technology alone cannot protect the most valued asset of a company, its mission-critical data. In a telephone interview posted by The Wall Street Journal, Mr. Stringer stated that he could not guarantee the […]
Sony, Corporation, is in the process now of rebuilding its brand reputation after having to shut down its PlayStation Network on April 20, 2011. The shutdown was due to hackers infiltrating its network and obtaining the names, addresses, birth dates, and possibly credit card numbers of over 100 million users. Prior to the April 20th incident, […]