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Sony delays their earnings report due to last year's massive cyber attack

Written by Andre Yoskowitz (Google+) @ 25 Jan 2015 0:07

Sony delays their earnings report due to last year's massive cyber attack Sony has said this week that it is delaying the reporting of its quarterly earnings as it continues to assess the damage from the cyberattack that took down Sony Pictures last year.
The company says it will still have a news conference on February 4th, but will not announce the results until later this year. Sony will give updated financial forecasts for the quarter, as well.

Hackers hit the company, taking down servers and entire networks while claiming to have stolen 100TB of data. Thousands of emails were released, often with humiliating results for Sony Pictures execs and celebrity actors. Five of the company's films, including 'Annie' and 'Fury' were also leaked, which hurt financially because many of the movies had not even hit theaters yet.

In addition, the company's financial and accounting software have been offline since the attack, along with other important platforms.

Source:
Reuters

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