Judge approves settlement for Sony hacking case
About 437,000 people were affected by the breach.
A U.S. district judge approved the settlement in a class action suit against Sony Entertainment that will offer identity theft protection and additional coverage for losses associated with the massive data breach that hit the company in 2014.
U.S. District Judge R. Gary Klausner approved the deal that has Sony offering three years of identity theft protection (retroactive to 2014), covering up to $1 million in losses and creating a fund to cover additional losses for the 437,000 people affected, according to the Associated Press. This has cost Sony about $7 million so far, not counting the cost of theft protection. So far 18,000 people have signed up for this deal.
The attack took place in November 2014 and saw the public release of a treasure trove of corporate materials ranging from emails to full-length movies. A group calling itself the Guardians of Peace claimed responsibility, but the U.S. government blamed the North Korean government.