LOS ANGELES: The devastating cyberattack on Sony Pictures could see the Hollywood studio lose hundreds of millions of dollars in revenue and incur massive recovery costs, experts say.
The cancellation of "The Interview," which President Barack Obama called a "mistake," has significantly escalated the potential losses of last month's hack, Hemanshu Nigam of the SSP Blue cybersecurity consultancy told AFP.
In all, he said, the crisis would lead to "a loss of income of $500 million."
The film about a fictional CIA plot to assassinate North Korean dictator Kim Jong-Un angered Pyongyang, which called it a "terrorist act."
On November 24, Sony suffered a cyberattack claimed by a group calling itself the Guardians of Peace (GOP). The FBI blamed the assault on North Korea.
The unprecedented attack paralyzed Sony's computer systems and saw five films leaked online, some of them before their theatrical release.
In addition, the personal data of 47,000 staff and other workers were put online along with other confidential documents such as the script for the next James Bond movie.
There was also a series of highly embarrassing emails from Sony bosses.
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