Sony reaches multi-million dollar settlement with ex-employees over hack

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Sony reaches multi-million dollar settlement with ex-employees over hack

Nearly a year after being infiltrated and bullied by hacker group GOP (Guardians of Peace), Sony is still feeling the effects of the breach. One of the larger issues the company has had to contend with is former employees suing it claiming it didn't do enough to protect their data. According to a filing on Monday, those employees and Sony have come to an agreement. The multi-million dollar settlement includes a $2 million fund to reimburse victims that are part of the class action for any expenses they've incurred protecting themselves from identity theft as a result of the hack up to $1,000 each. Sony will also pay up to $10,000 per person for losses as a result of identity theft up to $2.5 million. Sony will also bear the costs of the suit including attorney's fees up to $3,490,000. The terms of the settlement still need to be approved by the court.

[Image credit: AFP/Getty Images]

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