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Sony Settles Employee Lawsuit Pertaining to Data Breach

Sony Pictures Entertainment Inc. has settled a lawsuit brought on by former and current employees who claim their personal data was stolen in the 2014 hacking. The company has agreed to pay up to $8 million to resolve the issue which came about when the studio was set to release "The Interview," a comedy set in North Korea. Sony will pay up to $2.5 million, or $10,000 per person, to reimburse employees for identity theft losses.

Read the whole story at Insurance Journal »

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