You are here

SUBSCRIBERS

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...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes