Sony CEO Apologizes for Data Breach

Sony Chief Executive Howard Stringer apologized for a massive data breach of the company's online game networks -- the first public remarks by the top executive as Sony works to reassure its customers following the theft of personal data from more than 100 million online accounts. Stringer said he knows that some people believe the company should have notified its customers earlier about the intrusion, calling it a "fair question." He said it took time for the company to figure out the full extent of the damage.

Sony also revealed details of a plan to provide its customers with free identity-theft prevention services for 12 months. Sony said the prevention service, provided through a company called Debix, will alert Sony customers to unauthorized use of their personal information and a $1 million insurance policy if they become the victims of identity theft.