Sony hack was good news for INSURERS and INVESTORS

[InfoSec News <alerts () infosecnews org>]

http://www.theregister.co.uk/2015/01/15/sony_hack_was_good_news_for_insurers_and_investors/

By Mark Pesce
The Register
15 Jan 2015

Whoever hacked Sony Entertainment at the end of November changed 
information security forever.

Where once hackers had been most concerned to gain access to the honeypots 
of credit cards and bank accounts, this theft had a different goal, one 
that became clear with the steady release of Sony’s most intimate secrets 
throughout December.

This wasn’t about money. This was all about humiliation.

We now know way too much about the inner workings of one of the ‘Big Four’ 
film studios. The magic of cinema looks weak and ugly under close 
examination. Everything that once seemed lofty and businesslike has been 
exposed as little more than high school politics and juvenile 
name-calling. In the back of our heads, we wonder if the rich and powerful 
talk always trash outside the spotlight. Is Sony the exception -- or the 
rule?

Sony Pictures Entertainment co-chairs Amy Pascal and Michael Lynton come 
out of this looking particularly bad. Tucked within a cache of terabytes 
of stolen data, emails detail the pair trash-talking about everyone from 
Barack Obama to Adam Sandler. In a twist of fate worthy of a movie, the 
cry “You’ll never work in this town again!” may suddenly apply to two of 
Hollywood’s most powerful, stripped down to their most confidential 
secrets.

[...]

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