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What do you want them to do? What's reasonable? How long do you think it took them to figure out the extent? (They still don't fully know it!) There are absolutely business concerns that warrant acting with some measured prudence.

The parent is true, there are a lot more attacks than you hear about. Sony only loses here, they lie and under play it they look bad, they over play the concerns and they look bad, they tell the world too soon they look bad, they take their time and they look bad. It's just all around shitty. What's the reasonable way for them to report this or should they just lie like a lot of other companies?



Well, it's a little late now, but they could have kept to security best practices (hashed passwords, external hardware credit card encryption/decryption seem like two obvious things they chose not to do.) For a large network, that doesn't seem like an unreasonable burden.

Their business concerns are merely for their own good to try to protect their brand, not to actually benefit their customers. They will spend more on just PR, never mind making good any actual losses, than on just doing it right in the first place. At this point, they deserve to look shitty, because they were shitty. In the case of lying about it, that should be a serious corporate crime (and I think this sort of disclosure is required in most jurisdictions.)

More generally, why do businesses pay almost anything to protect their good names, but only after they themselves have let their reputation fall into the deep shit? Look at how much BP must have spent over the deepwater horizon spill, compared to how much it would have cost to maintain their equipment. Never mind the banking crisis. An ounce of rational prevention is worth a tonne of PR fire-fighting — why do companies struggle so much with mitigating downside risk?




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