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Sony Corp (ADR) (NYSE:SNE)’s System Breached

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Holiday season is around the corner; companies and retailers are busy in offering deals and price cuts to customers. Everyone on the market is anticipating good business and a healthy influx of customers. Companies whose sales were waning are anticipating good sales and those who were already making good are looking forward to something extra. Amidst the thrill and excitement of the holiday season, Sony Corp (ADR) (NYSE:SNE) Pictures of Sony Corp (ADR) (NYSE:SNE) has fallen victims to cybercrime, and that too the most acute form of it.

Sony Corp (ADR) (NYSE:SNE) was attacked by a group called guardians of peace. The system was breach and pictures of the top executives were extracted and posted on different social media websites. The hackers also claim that they’ve got integral information regarding the company and regarding the celebrities associated with it. Ransomware technique was used to break into Sony (ADR) (NYSE:SNE) Corp’s system.

The breach was reportedly discreet and quite sophisticated. Sony Corp (ADR) (NYSE:SNE), along with the authorities, is looking into the whole matter. Sony Corp (ADR) (NYSE:SNE), as soon as it was breached, shut down all the systems, making them nonoperational. The email and voice mail operations were put on a halt. Sony Corp (ADR) (NYSE:SNE) immediately started to investigate the breach; system will resume working on Monday.

Sony Corp (ADR) (NYSE:SNE) was informed by in house experts who reported the breach in a meeting held in the Sony Corp (ADR) (NYSE:SNE) quarters. Sony Corp (ADR) (NYSE:SNE) believes the conspirator behind the intrusion is North Korea. Sony Corp (ADR) (NYSE:SNE) is currently in the process of releasing a film called The Interview- an R rated comedy regarding a plot to kill the North Korean leader Kim Jong-un.

The North Korean leader took an offense to this and publicly criticized Sony Corp (ADR) (NYSE:SNE)’s move. Sony Corp (ADR) (NYSE:SNE) stated that it has long anticipated a cyber attack following the threats received from North Korean administration. The hackers are asking for some sort of ransom which as of yet has been unspecified. The hacking hasn’t been traced back to anyone, although Sony Corp (ADR) (NYSE:SNE) states that there are insinuations that it has been launched by North Koreans.

The administration of North Korea hasn’t replied to Sony Corp (ADR) (NYSE:SNE)’s doubts. The hackers stated on Sony (ADR) (NYSE:SNE) Corp’s website that it will release the confidential files and information if their demands were not met. This is not the first large case of cybercrime this year as earlier Apple’s systems were hacked and iCloud accounts of famous personalities were jeopardized. In Sony (ADR) (NYSE:SNE) Corp’s case, it is the company’s private data that is at stake.

Some months ago Google’s system was breached in Russia and millions of Gmail accounts were leaked on internets that were still in use. Cybercrime has been on the rise and this year was evidence of that fact. It’s high time that these companies beef up the security on their websites, blogs, social media because there is just too much at stake.

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