PSN hack to cost Sony $171.2 million
- Posted May 23rd, 2011 at 12:27 EDT by Mike Harradence
- 15 Comments
Sony Corporation has revealed that it is looking at an estimated cost of approximately 14 billion yen ($171.2m / £106.1m) as a result of the "external intrusion" on PlayStation Network last month.
The online service was infiltrated by hackers in mid-April which resulted in millions of users’ personal information being compromised. The perpetrators later attacked Sony Online Entertainment’s website, bringing the total number of user accounts breached to over 100 million.
Speaking to investors today, the electronics giant commented, "Based on information currently available to Sony, our current known costs associated with the unauthorised network access are estimated to be approximately 14 billion yen in the fiscal year ending March 31, 2012.”
In addition, Sony also predicted a net loss of 260 billion yen for the entire 2011 financial year. Reports in February had the console maker poised to record a profit of 70 billion yen during the same period.
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darthrazorback
- 7:55am EDT - May 23rd, 2011
- 1
I bet Sony executives still think removing Other OS was the best idea ever.
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- 9:21am EDT - May 23rd, 2011
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5_Minutes_of_Funk
- 9:33am EDT - May 23rd, 2011
- 4
"Not the best idea ever" just arrogance on Sony's part! I think Sony really thought the PS3 was unhackable, why else would they include the ability to install an open source destro, and use the not so random #4?
In the end Sony hasn't learned anything. They're still holding on to their right to maximize their IP (which I agree with), but turn a blind eye to the What, Where, Why, When, and How of why they were targeted.
There will always be hacker, most of IMHO are not out to harm anyone. Take a page out of MS and Apples playbook when it comes to hackers and put them on the payrole, or keep the firmware updates coming to close holes/exploits.
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- 9:43am EDT - May 23rd, 2011
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darthrazorback
- 9:44am EDT - May 23rd, 2011
- 6
Yes, Henry, I am enjoying my stroll... but it is unlikely that I am enjoying it as much as you are enjoying the huffing you have been doing on the tailpipe of Sony.
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LadySheamus
- 11:08am EDT - May 23rd, 2011
- 9
Does that factor in the on-going situation in Asia with the network remaining to be down, I wonder (hypothetically)?
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- 11:47am EDT - May 23rd, 2011
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8-bit hero
- 1:56pm EDT - May 23rd, 2011
- 11
why is darthgayzerback still even using this website i thought him and his loser group of trolls went to the 360 where they belong the psn is back the ps store will be back before the end of the month you have nothing to troll about anymore now go back to your red ring machine
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DrinkDayNnight
- 3:43pm EDT - May 23rd, 2011
- 13
HAha, not a bad month.
I got a month long break from my evening gaming time, spending more time at the gym...
Sony Lost a couple hundred mil...
And the pasty lil hermit hackers still cant get no @s$.
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XboxPS3FTW
- 9:54am EDT - May 25th, 2011
- 15
Unfortunatly the hackers are just gettin started 2 more groups are targeting Sony,Im surprised they havent targeted Microsoft yet,unless of course the hackers are Microsoft but I really doubt it.
Atlas-0-This will permanently ban this user and delete all associated comments. This action is irreversible, are you SURE you want to do this?!
