A journey of grief and solace: Hajji Sadiq's return to Makkah    Significant infrastructure enhancements ensure uninterrupted services for Hajj pilgrims    Interior Ministry highlights smooth Hajj transportation and safety measures    Data usage in Makkah surpasses 5.61 thousand TB with 42.2 million calls made on Arafat day    Inflation in Saudi Arabia remains steady at 1.6% in May    At least 9 people shot at Michigan recreation center before suspect is found dead    Pilgrims commence performing four main rituals of Hajj on Sunday    Israel announces limited military pause to increase Gaza aid    Major summit set to back Ukraine's territorial integrity    Hostage drama unfolds at Russian detention center    Muted Eid celebrations for millions of Nigerian Muslims    Japanese band pulls music video with ape-like natives    Tesla investors back $56bn Musk pay deal    Aramco and NextDecade set preliminary terms for long-term LNG agreement    The hit Thai film moving TikTokers to tears    Iconic French singer Françoise Hardy dies aged 80    BTS' Jin to hug 1,000 fans as he returns from army    Mahd Sports Academy appoints Mike Puig as Deputy CEO for Sports    Saudi national football team wins 3-0 against Pakistan in World Cup qualifiers    Embracing change: A journey towards inner peace    Cristiano Ronaldo hails 2023-24 RSL season as 'one of the best' of his career    Germany's head coach blasts public broadcaster for 'racist' survey    JK Rowling in 'arrest me' challenge over hate crime law    Trump's Bible endorsement raises concern in Christian religious circles    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Sony's CEO under fire as 25m more accounts hacked
Published in The Saudi Gazette on 04 - 05 - 2011

TOKYO/NEW YORK: Sony CEO Howard Stringer faced harsh criticism of his leadership after the consumer electronics conglomerate revealed hackers may have stolen the data of another 25 million accounts in a second massive security breach.
Sony's latest revelation came just a day after it announced measures to avert another cyberattack like that which hit its PlayStation Network two weeks ago.
The Japanese electronics company said its Sony Online Entertainment PC games network had been hacked on April 18, but did not find out about the breach until the early hours of Monday and shut down the service shortly afterwards.
The breach may also have led to the theft of 10,700 direct debit records from customers in Austria, Germany, the Netherlands and Spain and 12,700 non-U.S. credit or debit card numbers, it said.
Investors said Sony and 69-year-old chief executive Stringer had botched the data security crisis, a further blow for the company which has struggled to match recent hit products from rivals including Nintendo , Samsung Electronics and Apple Inc .
“The way Sony handled the whole thing goes to show that it lacks the ability to manage crises,” said Michael On, a fund manager at Beyond Asset Management in Taipei, who does not own Sony shares. “The current CEO should step down after the hacker problems and the company's failure to push out products that are competitive.”
Welsh-born Stringer, a former TV producer who was knighted in 2000, has not commented on the security breach, leaving No.2 Kazuo Hirai to lead the news conference and apology on Sunday.
Hirai headed the networks division and was seen as the likely successor to Stringer, who in March committed to stay in his role for the current year at least.
Hirai may not escape the fiasco unscathed, said another fund manager, who sold Sony shares last year and was not authorised to talk publicly about the company. “The leadership of Sony is not in a good place right now, which could lead to Stringer stepping down and may sabotage Hirai's chances of succeeding as the CEO,” said the Taipei-based fund manager.
The attack that Sony disclosed Monday took place a day before a massive break-in of its separate PlayStation video game network that led to the theft of data from 77 million user accounts. Sony revealed that attack last week.


Clic here to read the story from its source.