Insurer to Sony: We won’t pay for PSN hacks

Claims related to PSN cyber-attacks not covered in policy, says insurance company

The suit couldn%26rsquo;t come at a worse time for Sony, which estimates that profits for this financial year will suffer a $128 million loss due to the PSN security breach and investments in additional security. Although it hasn%26rsquo;t been confirmed, Sony cannot rule out the possibility that over 12 million credit card numbers from PSN users were acquired as a result of the cyber-attacks.

Jul 22, 2011