PSN Hack Costs 171M, New Sony So-Net Phishing Attack (May 23, 2011)
Sony just reported that the PSN fix is gonna cost them around 171 million dollars once the whole “identity theft protection” and welcome back programs (read: free video games) are enacted.
After having already taken a hit from the earthquake earlier this year Sony was kicked while it was down by hackers who broke into the PSN and stole a bunch of personal info. Now that the damage is done Sony revised it’s earnings forecast to note a 3.2 billion dollar loss. This doesn’t include the class action lawsuits that will most certainly follow due to compromised PSN user accounts.
Luckily Sony has insurance to cover most of the losses incurred by the recent earthquake. The PSN hack however, could end up costing them much more in the long run if credit card fraud and identity theft are confirmed as a result of the security breach. The most recent of which includes Sony Thailand’s website which security experts say had been compromised by phishing scams.
Between natural disasters and security breaches Sony is having a rough year but look on the bright side. There is no where to go but up when you are at the bottom! Hopefully this is the bottom of Sony’s and the PSN‘s woeful story otherwise in a few years you might be playing the a console exclusive title like God of War on the Xbox 360 and that’s some serious Playstation fanboy nightmare fuel.
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