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Digital
Universal a target for hacks, Sony breach discussed at AGM
By CMU Editorial | Published on Thursday 30 June 2011
Universal Music is the latest major content owner to become a target of those pesky ‘look at us, aren’t we clever’ computer hackers. A seemingly new group of cyber-attackers have released a load of data, including logins and passwords, apparently taken from Universal Music’s servers. The data dump also includes similar information from the servers of MTV owners Viacom.
It seems unlikely this data breach is anywhere near as big as that suffered by Sony Corp when its PlayStation Network and Qriocity systems were hacked, making public all sorts of password and credit card information and forcing both networks to be shut down for a time. Sony Corp boss Howard Stringer had a very hard time at a recent AGM where the embarrassing data hack was one of the topics for discussion, with at least one shareholder blaming the data breach in part for the entertainment and electronics company’s continued poor financial performance.
At the same AGM it was confirmed Stringer would be getting a lower pay packet this year because the conglom he leads has posted losses for three consecutive years. Though he was still paid $4.27 million, so I don’t think we need to organise a whip round for him or anything.
