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  • Sony hack adds to security pressure on companies Friday, 19 Dec 2014 | 6:14 AM ET

    The Sony attack, which U.S. officials blamed on North Korea, was unusual because it included threats of violence if the Hollywood studio released its movie "The Interview," a comedy that depicts the assassination of the North's leader. He said his company has received a growing number of requests from financial institutions and other businesses alarmed by...

  • TOKYO, Dec 19- The head of Sony Computer Entertainment, the Japanese electronic group's video gaming division, said holiday sales of its PlayStation 4 gaming console in Europe were so strong that it was fighting to keep up with demand. "If I look at Europe I think it is potentially, for the second year running, going to be quite inventory challenged," Sony Computer...

  • Global markets rally for 2nd day after Fed pledge Friday, 19 Dec 2014 | 12:07 AM ET

    But shares of Sony Corp. dropped as a hacking scandal rocked its American movies unit. KEEPING SCORE: Japan's Nikkei 225 jumped 2.4 percent to 17,621.40 and South Korea's Kospi added 1.7 percent 1,929.98. Stocks in Southeast Asia, Taiwan, India and New Zealand also rose.

  • Hack attack spurs call for more NKorea sanctions Friday, 19 Dec 2014 | 12:06 AM ET

    WASHINGTON— Suspicions that North Korea was behind a destructive hacking attack against Sony Pictures and a threat against movie theaters are intensifying calls for tougher U.S. steps to cut that country's access to hard currency and declare it once more as a state sponsor of terrorism. A U.S. cyber-retaliation against North Korea would risk a dangerous...

  • Companies' data security in question after Sony hack Friday, 19 Dec 2014 | 12:05 AM ET

    The hack, which a U.S. official has said investigators believe is linked to North Korea, culminated in the cancellation of a Sony film and ultimately could cost the movie studio hundreds of millions of dollars. "The Sony breach is a real wake-up call even after the year of mega-breaches we've seen," says Lee Weiner, Boston security firm Rapid7's senior vice...

  • Sony Corp scrapped its Christmas Day release of "The Interview," following threats by hackers who have leaked internal company documents and emails, as well as unreleased movies, on the internet. But even before the cancellation of the film, Sony executives responsible for the international release of the movie were concerned the action-comedy featuring...

  • *White House not in position to confirm North Korea responsible. WASHINGTON/ LOS ANGELES, Dec 18- Washington made the woes of cyberattack victim Sony Pictures its own on Thursday as the White House acknowledged that the devastating strike against the big Hollywood studio was a matter of national security that would be met by a forceful government response.

  • Sony's capitulation could mean that more businesses will be targeted for cyberwarfare and extortion, they said. The crisis at Sony Corp's movie studio is prompting executives to think more broadly and to use data encryption software for internal data. Sony on Wednesday dropped the comedy that features the assassination of North Korea's leader after...

  • 'The Interview' jeopardizes overseas movie villains Thursday, 18 Dec 2014 | 7:21 PM ET

    Evil forces from Russia, China and North Korea have tirelessly menaced our big-screen heroes in recent years. "Pyongyang," an adaption of a graphic novel set in North Korea, was given the ax Wednesday after distributor Fox abandoned the project and producer New Regency was forced to shutter any plans. Director Gore Verbinski had imagined the project about an...

  • Will artists skip studio support after Sony scandal? Thursday, 18 Dec 2014 | 6:02 PM ET

    LOS ANGELES— Sony's decision to cancel "The Interview" in the face of terrorist threats is already affecting the way Hollywood does business. Actors, filmmakers, politicians and pundits roundly denounced Sony's decision on Wednesday to nix "The Interview" in response to theater owners' refusal to show the Christmas release in light of threats invoking 9/ 11. But...

  • Sony hacking fallout puts all companies on alert Thursday, 18 Dec 2014 | 4:52 PM ET

    The hack, which a U.S. official has said investigators believe is linked to North Korea, culminated in the cancellation of a Sony film and ultimately could cost the movie studio hundreds of millions of dollars. "The Sony breach is a real wake-up call even after the year of mega-breaches we've seen," says Lee Weiner, Boston security firm Rapid7's senior vice...

  • WASHINGTON, Dec 18- The United States said on Thursday a cyber attack on Sony Pictures was a serious national security matter and the Obama administration was considering a proportional response, although the White House stopped short of blaming North Korea. A U.S. government official said on Thursday that U.S. investigators were looking into the possibility...

  • Dec 18- Nobody who has ever had a customer service dispute wants to experience what happened to Ben Edelman, the Harvard Business School professor whose irate email to a Chinese restaurant went viral on social media and was chronicled by mainstream news outlets. When Edelman, who is also an attorney, emailed the restaurant seeking triple damages for a $4...

  • 'Team America' screenings also pulled from theaters Thursday, 18 Dec 2014 | 3:24 PM ET

    NEW YORK— Programmed as a playful substitute to "The Interview," Trey Parker and Matt Stone's North Korea comedy "Team America: World Police" also has been pulled from theaters. After Sony dropped its planned Dec. 25 release of "The Interview" on Wednesday, a handful of theaters across the U.S. plugged in screenings of "Team America," the 2004 puppet film that parodies...

  • Timeline of the Sony Pictures Entertainment hack Thursday, 18 Dec 2014 | 3:23 PM ET

    It's been four weeks since hackers calling themselves Guardians of Peace began their cyberterrorism campaign against Sony Pictures Entertainment. Nov. 24: Workers at Sony Pictures Entertainment in Culver City, California log on to their computers to find a screen message saying they had been hacked by a group calling itself Guardians of Peace.

  • North Korea cyberattack may cost Sony HOW MUCH? Thursday, 18 Dec 2014 | 2:57 PM ET
    A security guard stands at the entrance of United Artists theater during the premiere of the film "The Interview" in Los Angeles, December 11, 2014.

    The unprecedented hack of Sony Pictures may be the most damaging cyberattack ever inflicted on an American business.

  • The one smart way to retaliate against North Korea Thursday, 18 Dec 2014 | 2:27 PM ET
    North Korean leader Kim Jong Un waves to workers during a visit to the Pyongyang Children's Foodstuff Factory in this undated photo released by North Korea's Korean Central News Agency (KCNA) in Pyongyang December 16, 2014.

    Now that many are blaming North Korea for the cyberattack on Sony, what will the U.S. government do about it?

  • How Kim Jong Un's scrappy cyberarmy operates Thursday, 18 Dec 2014 | 2:23 PM ET
    File photo of students at the Mangyongdae Revolutionary School, in Pyongyang, North Korea, work on computers.

    How does a poverty-stricken country like North Korea obtain cyber-capabilities to level a corporation the size of Sony?

  • WASHINGTON, Dec 18- The United States said on Thursday a cyber attack on Sony Pictures blamed on North Korea was a serious national security matter and the Obama administration was considering a proportional response. Hackers who said they were incensed by a film on the fictional assassination of North Korea's leader attacked Sony Corp last month, leaking...

  • Sony hack cyber Pearl Harbor? Not quite  Thursday, 18 Dec 2014 | 1:48 PM ET

    Sony has canceled next week's planned release of "The Interview" after threats from hackers on movie theaters. CNBC's Julia Boorstin and Eamon Javers, provide insight to the critical comments on the decision.