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Sony shares fall 4% after security breach | Sony shares fall 4% after security breach |
(40 minutes later) | |
Sony shares fell sharply as Tokyo's benchmark Nikkei index resumed trade after the Golden Week holiday. | Sony shares fell sharply as Tokyo's benchmark Nikkei index resumed trade after the Golden Week holiday. |
The Japanese consumer electronics company fell almost 4% in early trade. | The Japanese consumer electronics company fell almost 4% in early trade. |
The company admitted on 3 May, while Japanese markets were closed, that another 25 million users' data had been stolen in a second security breach. | The company admitted on 3 May, while Japanese markets were closed, that another 25 million users' data had been stolen in a second security breach. |
Sony boss Howard Stringer apologised to users "for the inconvenience and concern caused". It was the third apology the firm has made. | |
Sony had previously said a security breach of its PlayStation Network had lead to 77 million users' data being stolen. | Sony had previously said a security breach of its PlayStation Network had lead to 77 million users' data being stolen. |
"I know this has been a frustrating time for all of you," Mr Stringer said in a statement on Sony's US PlayStation website. | |
He also said that there is no confirmed evidence any credit card or personal information had been misused. | |
Ahead of Mr Stringer's statement some analysts had said security worries could hurt future sales and growth prospects. | |
"There is a real concern that trust in Sony's business will decline," wrote Kota Ezawa from Citigroup in Japan in a note. | |
"The network business itself still only makes a small direct contribution to earnings, but we see a potential drop in hardware sales as a concern." | |
Blame wrangle | |
Sony has blamed an online vigilante group, Anonymous, saying a hacker had gained access to the personal data of more than 100 million online gamers. | |
Anonymous has denied being involved in the data theft. | Anonymous has denied being involved in the data theft. |
"Let's be clear, we are legion, but it wasn't us. You are incompetent Sony," the group said on its website on Thursday. | "Let's be clear, we are legion, but it wasn't us. You are incompetent Sony," the group said on its website on Thursday. |
Sony said on Sunday it had found a file on one of its servers labelled Anonymous and containing the phrase "We are legion", which is used by the group. | Sony said on Sunday it had found a file on one of its servers labelled Anonymous and containing the phrase "We are legion", which is used by the group. |