Market Overview

Sony To Name North Korea As Source Of Hacking Attack

Share:
Related SNE
Hollywood Seeks Salvation At San Diego Comic-Con In Midst Of Summer's Box Office Slump
Facebook's Oculus Setting Sight On Cheaper Headgear Launch In 2018

Sony Corp (ADR) (NYSE: SNE) will name North Korea as the source of a recent hacking attack launched against its corporate network, according to recode.net.

According to the report, “the attack forced employees of the movie studio to shut down computers and work with pen and paper. Later, sensitive files including employee salary data, product plans and video files of five motion pictures were leaked to the Internet.”

A Sony spokeswoman declined to comment on any details but said that “The investigation continues into this very sophisticated cyber attack.”

Recode added that “The announcement will be the first public acknowledgement of what has so far been only a matter of conjecture. North Korea has sought to stop Sony from releasing a film called 'The Interview' that depicts two American TV journalists who are recruited by the CIA to assassinate North Korean leader Kim Jong-Un.”

Sony recently traded at $21.99, up 0.14 percent.

UPDATE: As reported on Twitter from the Financial Times' Matthew Garrahan, Sony issued a statement indicating the investigation is ongoing into a "very sophisticated attack...[and] the re/code story is not accurate.”

Posted-In: ReCodeNews

 

Related Articles (SNE)

View Comments and Join the Discussion!