Judge approves settlement in Sony Pictures hacking case
LOS ANGELES (AP) — A judge on Wednesday approved a multimillion dollar settlement in a class-action lawsuit filed by former Sony Pictures Entertainment employees whose private information was stolen in a massive data breach.
Under the deal, Sony agreed to provide identity theft protection — as well as an optional service that will cover up to $1 million in losses — and create a fund to cover any additional losses.
To date, Sony has committed $7 million to notify people affected by the breach and establish a fund to reimburse them for uncovered identity theft losses.