Sony Hits Snags in Its Post-Hack Rebuild

The Sony corporation is still picking up the pieces after suffering a devastating cybersecurity breach in November. The company announced this week that it will miss the deadline to post its third-quarter earnings report.

Sony's plodding recovery in the wake of one of history's most devastating cybersecurity breach in November has hit yet another snag. Earlier this week, the company announced it will miss the deadline to post its third-quarter earnings report. In a piece titled "Sony: 'North Korea ate our Q3 homework,'" VentureBeat's Fletcher Babb walks us through Sony's stunted recovery process: 


"According to a filing with Japanese regulatory authorities, the company said it needs more time to repair its ailing IT infrastructure, which has remained offline since November in the wake of a massive leak of confidential information."

Sounds about right. The hack practically brought Sony's movie division to its knees. You can't just pick yourself up after a couple months. But Babb places his focus on another, more curious aspect of the filing:

"In the same document, strangely, Sony concludes with the following claim: 'While Sony continues to evaluate the impact of the cyberattack on its financial results, it currently believes that such impact is not material.'”

That sounds like grade-A public relations speak right there. Some might even call it "turd-polishing." Babb lays into the claim with the indignant force of someone who obviously knows better than to believe what Sony's trying to sell here. There's no way the immediate and long-term impact of the hack can be assessed as "negligible." Sony is being accused from all sides of improperly investing in cybersecurity. It's been berated for chickening out and (temporarily) canceling The Interview. Sony is the target of multiple class-action lawsuits from those whose identities and personal information were compromised.

And now with this current deadline being missed, it's all too clear that no matter how much polishing the publicists try to do, Sony's not going to be smelling like roses for quite a long time.

Take a look at Babb's full piece below and tell us what you think.

Read more at VentureBeat

Photo credit: 1000 Words / Shutterstock

LinkedIn meets Tinder in this mindful networking app

Swipe right to make the connections that could change your career.

Getty Images
Sponsored
Swipe right. Match. Meet over coffee or set up a call.

No, we aren't talking about Tinder. Introducing Shapr, a free app that helps people with synergistic professional goals and skill sets easily meet and collaborate.

Keep reading Show less

Can the keto diet help treat depression? Here’s what the science says so far

A growing body of research shows promising signs that the keto diet might be able to improve mental health.

Public Domain
Mind & Brain
  • The keto diet is known to be an effective tool for weight loss, however its effects on mental health remain largely unclear.
  • Recent studies suggests that the keto diet might be an effective tool for treating depression, and clearing up so-called "brain fog," though scientists caution more research is necessary before it can be recommended as a treatment.
  • Any experiments with the keto diet are best done in conjunction with a doctor, considering some people face problems when transitioning to the low-carb diet.
Keep reading Show less

A world map of Virgin Mary apparitions

She met mere mortals with and without the Vatican's approval.

Strange Maps
  • For centuries, the Virgin Mary has appeared to the faithful, requesting devotion and promising comfort.
  • These maps show the geography of Marian apparitions – the handful approved by the Vatican, and many others.
  • Historically, Europe is where most apparitions have been reported, but the U.S. is pretty fertile ground too.
Keep reading Show less

Want to age gracefully? A new study says live meaningfully

Thinking your life is worthwhile is correlated with a variety of positive outcomes.

YOSHIKAZU TSUNO/AFP/Getty Images
Surprising Science
  • A new study finds that adults who feel their lives are meaningful have better health and life outcomes.
  • Adults who felt their lives were worthwhile tended to be more social and had healthier habits.
  • The findings could be used to help improve the health of older adults.
Keep reading Show less