PlayStation Network Hack Will Cost Sony $170M

alphadogg writes "Sony expects the PlayStation Network hack will cost it $170 million this financial year, it said Monday. Unknown hackers hit the network gaming service for PlayStation 3 consoles in April, penetrating the system and stealing personal information from the roughly 77 million accounts on the PlayStation Network and sister Qriocity service. A second attack was directed at the Sony Online Entertainment network used for PC gaming. Sony responded to the attacks by taking the systems offline." Does the $170 million figure include compensation for PSN subscribers who suffered from the outage?

Comments

Re:Compensation is Peanuts

[countertrolling]

Peanuts are expensive. There'll be probably three to the package, like what the airlines serve.. to save weight, of course

Re:Yeah, but they can make it up in volume

[mlts]

I doubt it. Come September, things will be exactly business as usual with the PSN breach completely forgotten about by then.

I also doubt Sony lost much money. They might have lost a little bit handing out subscription time to compensate, as well as hiring some consultants to maybe add an IDS/IPS system in some places. However, realistically, their losses from the PSN breach are negligible, probably less than it costs to do a promotion of a new game.

Call me cynical, but a lot of firms know that they can skimp on security because it doesn't make them money. If they get breached, they make a token effort to "clean it up", and business goes on. It is going to take governments stepping in, and having nasty criminal/civil consequences happen to companies who go lax on internal security for this to ever change.

Re:And for Developers/Publishers?

[kimvette]

And how do you propose they recoup the lost confidence from their developers and publishers [slashdot.org]?>

Stop being so evil, for starters.

Sony's motto as of late seems to be: "Do as much evil as possible."

And now they are reaping what they have sown. I don't agree with the script kiddies' actions against Sony (i'm partial to destroying them economically through large-scale boycott) but Sony did have it coming to them. Taking away the OtherOS option (which is fraud; a bait-and-switch move by removing one of the key selling points) and then suing a customer who decided to take the functionality back was probably just the final straw. After installing rootkits (infringing on GPL'd code copyrights in the process) to customers' systems (a felonious act; accessing computer systems without authorization), falsely advertising product, building shoddy product and having some of the worst customer service in existence, are they actually surprised they are the target of script kiddies everywhere?

They invited it through their actions.