What Peter Elkind found in his six-month investigation of the cybercrime of the century should terrify corporate America.

We have devoted 12,000 words in our July 1 issue to an extraordinary story by Peter Elkind on the now infamous cyber­attack against Sony Corp., which we’ve broken into three sections on Fortune.com. You can read part 1 here. (Part 2 will go live Friday morning, with the stirring conclusion publishing Saturday.) Time Inc.’s TIME 0.36% top editor, Norman Pearlstine—who has a longer history with this magazine than I do—says it is “one of the most important stories Fortune has ever published.” It is also a chillingly compelling, behind-the-scenes narrative of the events leading up to the attack. Were it not about them, the folks at Sony Pictures SNE 0.29% might make it into a movie. Read full article