“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,” Isabel Reynolds and Liana B. Baker report for Reuters. “Also under growing pressure was Kazuo Hirai, the likely successor to Stringer and who had spearheaded the development of Sony’s networked businesses until March, when he was promoted to the number 2 position as executive deputy president.”
“Sony’s latest revelation came just a day after it had announced measures to avert another cyberattack like that which hit its PlayStation Network two weeks ago,” Reynolds and Baker report. “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.”
Reynolds and Baker report, “Welsh-born Stringer, a former TV producer who was knighted in 2000, has not commented on the security breach, leaving Hirai to lead a news conference and apology on Sunday. Stringer 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,” Reynolds and Baker report. “‘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.”
Read more in the full article here.
MacDailyNews Take: What we wrote two years ago: In our best Donald Trump voices, “Howard, you’re fired.” Isn’t a “turnaround plan” supposed to show some signs of, you know, turning something around; especially since Sony’s Stringer announced his plan well over 3 years ago? Make that “well over 5 years ago” now.
Sony admits utter PSN failure: Your personal data has been stolen – April 26, 2011
No wonder Sony’s beleaguered: CEO Stringer says ‘Apple’s iTunes Store uses proprietary FairPlay DRM’ – May 14, 2009
Sony CEO Stringer calls Apple CEO Steve Jobs ‘greedy’ – July 19, 2007
Sony board votes Howard Stringer company’s first non-Japanese CEO – March 7, 2005