Experience has shown that companies who are upfront about data breaches are able to repair the damage to their reputations quicker and get the word out to affected parties faster. Sony has yet to learn this lesson, despite having ample experience to learn from.
Check out the hottest mobile IT news for Friday, Oct. 31, including Sony's new mobile chief, Verizon's partnership with FireEye on mobile security options for enterprises, Smartphone shipments topping 316 million in Q3, video standards supporting next-generation mobile video services and smart transport systems fueling freight management market.
Like Sony before it, Target did not have a chief information security officer overseeing security prior to its massive data breach that compromised 40 million credit and debit card accounts, and personal information on 70 million more shoppers, in November and December of last year.
The recent data breaches at Target and Neiman Marcus, and their slow responses, underscore the need for a national data breach notification law.
Neiman Marcus admitted Friday that hackers stole customer credit and debit card information over the holiday season, according to a blog by security researcher Brian Krebs.
Apple's changes to iPhone 5 and iPad displays are shifting the supply chain for the touchscreen industry, according to NPD DisplaySearch.
Sony has agreed to pay a £250,000 fine ($377,000) to the UK Information Commissioner's Office for a security breach in 2011 that exposed personal information of millions of PlayStation Network customers, according to the BBC.
Even as its chairman steps down, Sony is forging ahead with plans make 2013 a "breakthrough year" for its mobile business.
Consumer spending on mobile games optimized for Apple's iOS and Google's Android combined to eclipse spending on handheld titles published for the Sony PSP and Nintendo 3DS platforms during the fourth quarter of 2012, according to a new report issued by research firm IDC and mobile analytics firm App Annie.
Panasonic has decided to stop selling its Eluga smartphone in Europe, the only market outside of Japan where it sells smartphones, according to a report by the Wall Street Journal.