Sony CEO Howard Stringer Said That Hack Attack Was A Hiccup In Company Strategy

Posted May 18, 2011

Sony Corporation CEO Howard Stringer said that the hacker that knocked out the PlayStation Network that exploited 100 million customer accounts was a hiccup in the company’s strategy. ?Nobody?s system is 100 percent secure,? stated Stringer. ?This is a hiccup in the road to a network future.?

Stringer does not know how the hack attack will affect their earnings that is scheduled on May 26th. Sony had hired three security firms to look into the attack. Stringer offered U.S. users of the PlayStation Network and Qriocity services per year free identity-theft protection that is backed by a $1 million insurance policy per user along with lost wages that occur after data is stolen.