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Cyberattack costs to be fully covered by insurance: Sony

It says the costs, which some experts put at US$100m, won't lead to further cost-cutting

Los Angeles

SONY Pictures Entertainment chief executive Michael Lynton has said the costs from the devastating cyberattack on the Hollywood studio will be completely covered by insurance and will not lead to further cost-cutting.

"I would say the cost is far less than anything...

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