Sony Pictures chief executive Michael Lynton has spoke on the cyberattack, seven weeks after it started, claiming there won't be any financial loss.

The statement comes as a surprise, considering Sony Pictures had to replace most of its computers, buy new security teams and software, and potentially fight court battles against ex-employees.

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However, Lynton claims insurance will help cover the major costs for the Sony Pictures attack, which could ramp up to over $100 million in costs.

"I would say the cost is far less than anything anybody is imagining and certainly shouldn't be anything that is disruptive to our budget," Lynton claimed in an interview with Reuters.

Even though the financial damage might not be too deep for Sony Pictures, it has hurt the reputation of the film company, with film executive Amy Pascal exposed for rather vulgar comments about actors and actresses.

Sony also lost private information on company employees, including social security numbers, credit cards and health information. This is the second large scale hack under the Sony brand as well, the first on the PlayStation Network, exposing 100 million user accounts.

Lynton did reveal some behind-the-scenes, claiming the FBI and FireEye's security branch Mandiant told the executive 90 percent of corporate America would have fell to such an attack.

He also denies one of Sony Pictures' employees is behind the attack, claiming the malware was created with malice. Lynton sides with the FBI on North Korea being the attacker, even though security experts question the evidence.

The Interview, the movie behind the whole controversy, has also reportedly broke even and should manage to make a profit for Sony Pictures, despite only being released in 10 percent of U.S. cinemas and limited release worldwide.

Sony may not see a red financial report, but it is quickly starting to become the playground for hacktivists, and show the lack of security precautions the Japanese company is putting in place.

TagsMichael Lynton, Sony Pictures, North Korea, Cyberattack, The Interview