The financial cost of the crippling cyberattack that hit Sony Pictures Entertainment last week is beginning to become clear — and it won’t be cheap.
The Culver City film and television studio could face an outlay of tens of millions of dollars, according to digital security and legal experts.
Such an expenditure comes at a poor time for the Sony Corp.-owned studio, which late last year committed to slashing overhead by at least $250 million and has since gone through several rounds of layoffs.
Sony Pictures’ costs include rebuilding its computer network, paying a cyber-forensics firm to investigate the breach and footing the bill for potential legal matters that stem from the attack.
via Cyberattack could cost Sony Pictures tens of millions of dollars – LA Times.