Arab –Islamic Committee seeks effective global sanctions on Israel    Saudi foreign minister calls for enduring Palestinian rights as only path to peace    Tornado kills at least 5, injures 33, in Chinese metropolis as region battles deadly floods    Iraqi TikTok star Umm Fahad shot dead in Baghdad    SFDA: Breast-milk substitute products are sugar-free complying with Saudi specifications    HONOR opens two HONOR exclusive service centers in Saudi Arabia to bring better customer experience    Saudi Arabia to host World Investment Conference amidst economic expansion    Saudi minister announces 10% increase in tourist numbers in Q1 2024    Traditional dress is mandatory for Saudi civil servants    Minister Al Ibrahim calls for enhanced global cooperation at WEF meeting in Riyadh    Saudi Finance Minister stresses importance of Vision 2030 at WEF Special Meeting in Riyadh    Saudi Arabia, EU strengthen energy collaboration with upcoming MoU    NEOM secures SR10 billion revolving credit facility to support development initiatives    Al Shabab overpowers Al Ittihad with a 3-1 victory in Jeddah    Saudi Olympic team exits U-23 Cup in quarterfinals, loses Paris 2024 Olympics dream    Al Hilal triumphs over Al Fateh in a fierce 3-1 clash at Kingdom Arena    'Zarqa Al Yamama': Riyadh premieres first Saudi opera    Riyadh Season announces first overseas event with boxing gala in Los Angeles    Australian police launch manhunt for Home and Away star Orpheus Pledger    Spice Girls reunite at Posh's 50th birthday    JK Rowling in 'arrest me' challenge over hate crime law    Trump's Bible endorsement raises concern in Christian religious circles    Hollywood icon Will Smith shares his profound admiration for Holy Qur'an    We have celebrated Founding Day for three years - but it has been with us for 300    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.