28 Jun '11, 5am

Sony chairman Howard Stringer 'sorry' for data breach. Expects company's 3rd straight annual loss this year.

File photo of Howard Stringer -- PHOTO: REUTERS TOKYO - SONY chairman and president Howard Stringer on Tuesday apologised to shareholders and customers over a massive data leak, which helped push its its share price to a two-year low this month. 'In April, we faced a serious challenge in the form of a cyber attack launched against the PlayStation Network, Qriocity and the network systems of Sony Online Entertainment,' Mr Stringer said at a meeting in Tokyo attended by about 5,900 shareholders. 'We are sorry for any concern and inconvenience that the incidents may have caused our shareholders, customers and stakeholders,' he said. The company is expecting its third-straight annual loss this year. Mr Stringer said Sony has worked to strengthen its information security systems, 'placing our highest priority on ensuring the security of our customers' personal information, and ...

Full article: http://www.straitstimes.com/BreakingNews/TechandScience/S...

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