Sony CEO Warns “Bad New World” Will See More High Profile Hacks

In the aftermath following April’s mammoth Sony PlayStation Network breach, the company’s Chief Executive warns of a “bad new world” of cyber crime in an interview with The Wall Street Journal on Tuesday.

Sony CEOIn the aftermath following April’s mammoth Sony PlayStation Network breach, the company’s Chief Executive warns of a “bad new world” of cyber crime in an interview with The Wall Street Journal on Tuesday.

Howard Stringer of Sony Corp. spoke with the newspaper on security, hackers and how the attack against his company may foreshadow future intrusions. Stringer, 69, likened the network’s security to a “never-ending process,” adding that he wasn’t sure if anyone would ever be “100% secure.”

“It’s not a brave new world; it’s a bad new world,” Stringer told the newspaper while in Japan early Tuesday.

The CEO cautioned the style of attack that hit PSN could lead to similar incidents that could even affect the global financial system, power grid or air traffic control systems.

Amidst January’s lawsuit against hacker George Hotz and their ongoing PSN debacle, Sony may be pressured to re- evaluate how it handles future hackers. Stringer, in the same interview, said Sony must be “engaged” and “open-minded” about how it tackles any upcoming issues.

It wasn’t until Monday, nearly a month after a breach that put the information of 100 million account holders at risk that Sony began to restore parts of the PlayStation Network, its online multiplayer gaming portal, Sony Online Entertainment, its online game service and Qriocity, its streaming multimedia platform. The company’s home country of Japan however has elected to delay rebooting the network until Sony demonstrates that they’ve established effective security defenses.

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