 "Sony hack attack completely covered by insurance, says CEO")
Sony Pictures Entertainment Chief Executive Michael Lynton said on Thursday the costs from the devastating cyberattack on the Hollywood studio will be completely covered by insurance and will not lead to further cost-cutting. [caption id=“attachment_2001241” align=“alignleft” width=“380”]  Sony logo is seen in this file photo. Reuters[/caption] “I would say the cost is far less than anything anybody is imagining and certainly shouldn’t be anything that is disruptive to our budget,” Lynton told Reuters in an interview, seven weeks after the hacking attack that the U.S. government has blamed on North Korea. Reuters
Sony Pictures Entertainment Chief Executive Michael Lynton said on Thursday the costs from the devastating cyberattack on the Hollywood studio will be completely covered by insurance.
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