10 Security Technologies Gaining From Data Breach Hysteria, page-15

http://mashable.com/2014/12/16/sony...ion-lawsuit-filed-by-hacked-former-employees/

A class-action lawsuit against Sony Pictures Entertainment over its devastating data breach hit the federal courts Tuesday morning, the proverbial first drops in what will inevitably be a deluge of legal action against the studio.

Calling the hack "an epic nightmare, much better suited to a cinematic thriller than to real life," the lawsuit says the breach "boils down to two inexcusable problems: (1) Sony failed to secure its computer systems ... despite weaknesses that it has known about for years, because Sony made a “business decision to accept the risk”of losses associated with being hacked; and (2) Sony subsequently failed to timely protect confidential information of its current and former employees from law-breaking hackers" who warned Sony about what they were planning.


The attack on Sony could well be a watershed moment in terms of information protection for multinational corporates. This class-action could end up being extremely costly for Sony, something completely avoidable at a fraction of what it will potentially cost them now in damages.