Published On: Wed, Oct 21st, 2015

Sony Pictures pays $8 million to settle hack lawsuit with employees

Sony Pictures Entertainment

 

Sony Pictures has agreed to pay up to $8 million to resolve a lawsuit by employees who claimed their personal data was stolen during the major 2014 hack of the company.

The hack, related to the release of North Korea set comedy The Interview, saw massive amounts of data deleted as thousands of private documents and upcoming film releases were leaked online by a group known as ‘Guardians of Peace’.

The recent court case saw Sony agree to pay up to $2.5 million, or $10, 000 per person, to reimburse employees for identity theft losses up to $2 million, or $1000 per person, to reimburse them for measures taken after the attack to protect their identity, Reuters reported.

Read the full story at insurancebusinessonline, by Lena Woods

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