Sony's Insurer Says It Shouldn't Have To Pay For Cost Of PlayStation Network Hack
from the sony-swims-alone dept
Butcherer79 points to even more problems for Sony in the aftermath of the massive hacking of the PlayStation Network. It seems that Sony was expecting its insurance provider, Zurich American Insurance, to cover any costs. Zurich American Insurance apparently has other ideas:Zurich American Insurance has now gone to court in New York seeking a declaration that it does not have to help Sony with current or future legal action related to the data breach.Sony has indicated that it expected Zurich to cover any such fees, but Zurich is saying no way, no how. Apparently, Zurich says that its contract with Sony doesn't even cover the parts of the business that were hacked, and other clauses in the deal show that this isn't Zurich's problem at all.
Legal papers filed by Zurich reveal that 55 separate class action lawsuits are pending in the US because of the breach.
Filed Under: hack, insurance, lawsuits, playstation, playstation network
Companies: sony, zurich american insurance
