[URL="http://www.gamespot.com/news/6310436.html?tag=latestheadlines%3Btitle%3B1"]http://www.gamespot.com/news/6310436.html?tag=latestheadlines%3Btitle%3B1[/URL]
[quote]
Soon, the ongoing PlayStation Network outage will enter its eighth day. The past 24 hours of downtime have seen some dramatic developments, as yesterday Sony revealed that the "[URL="http://gamespot.com/6310113"]external intrusion[/URL]" that prompted the crisis also resulted in [URL="http://gamespot.com/6310372"]PSN users' information being compromised[/URL]. Since an estimated 77 million people have signed up for the service, the scope of the data leak is huge.
Even larger could be the cost from the potential information theft. In an article today, [URL="http://www.forbes.com/feeds/ap/2011/04/26/technology-specialized-consumer-services-us-sony-playstation-credit-cards-warning_8436469.html"][I]Forbes[/I][/URL] cites data-security research firm The Ponemon Institute as estimating the "cost of a data breach involving a malicious or criminal act" was, on average, $318 per compromised account. Given the most recent PSN population estimate, that formula puts the potential cost as being over $24 billion.
The 2009 Ponemon Institute study that determined the figure, [URL="http://bit.ly/arsXZA"]available here[/URL], "takes into account a wide range of business costs, including expense outlays for detection, escalation, notification, and after the fact (ex-post) response. [Ponemon] also analyze[s] the economic impact of lost or diminished customer trust and confidence, measured by customer churn or turnover rates."
On the bright side, Sony did say that [URL="http://gamespot.com/6310386"]some PSN services should be restored within a week[/URL]. Then, late yesterday, it offered some answers as to why it took so long for the company to announce that users' personal data may have been accessed by an outside party.
"There's a difference in timing between when we identified there was an intrusion and when we learned of consumers' data being compromised," said senior director of corporate communications and social media Patrick Seybold in a statement on the [URL="http://blog.us.playstation.com/2011/04/26/clarifying-a-few-psn-points/"]PlayStation Blog[/URL].
He continued, "We learned there was an intrusion April 19th and subsequently shut the services down. We then brought in outside experts to help us learn how the intrusion occurred and to conduct an investigation to determine the nature and scope of the incident. It was necessary to conduct several days of forensic analysis, and it took our experts until [April 25] to understand the scope of the breach."
Sony also made a further attempt to answers PSN users' questions by [URL="http://us.playstation.com/support/answer/index.htm?a_id=2356"]posting an FAQ on the official PlayStation website[/URL]. Though it often declines detailed comment, the FAQ answers a variety of questions, including steps to avoid phishing scams. It also said that Sony was "reviewing options" about potentially refunding customers due to the downtime, which could potentially add to the cost of the outage.
Meanwhile, [URL="http://www.eurogamer.net/articles/2011-04-27-ico-confirms-it-will-quiz-sony-over-psn"]Eurogamer[/URL] reports that the British government is launching an inquiry into the PlayStation Network data breach. The site quotes the Information Commissioner's Office as saying, "We have recently been informed of an incident, which appears to involve Sony. We are contacting Sony and will be making further enquiries to establish the precise nature of the incident before deciding what action, if any, needs to be taken by this office."
The move comes one day after [URL="http://blumenthal.senate.gov/press/release/index.cfm?id=82698973-255D-4B92-9E18-39E5937C9361"]US Senator Richard Blumenthal (D-CT) called on Sony to offer full disclosure to PSN users if their information was compromised[/URL]. He also demanded the company offer two years of free access to credit reporting services to check if their credit was adversely affected, raising the prospect of still more expenses for the company.[/quote]
lodes o emone
Good.
Good.
This may be enough to drive them bankrupt... Maybe.
Can someone let me know why it's a good thing if they lose this much money?
This is not a sarcastic post.
[QUOTE=archangel125;29468931]This may be enough to drive them bankrupt... Maybe.[/QUOTE]
No
Dayum, I feel sorry for Sony.
[QUOTE=ChestyMcGee;29468959]Can someone let me know why it's a good thing if they lose this much money?
This is not a sarcastic post.[/QUOTE]
It means that they'll hopefully learn from their mistakes with the PS3 and make the PS4 much much better.
[QUOTE=Zeke129;29468960]No[/QUOTE]
I'm only hoping that the money they're losing without having PSN operative and the following lawsuits will be enough to break their kneecaps.
This wouldn't of happened if they didn't go after Geohot & others like they did.
[QUOTE=Coffee;29468997]It means that they'll hopefully learn from their mistakes with the PS3 and make the PS4 much much better.[/QUOTE]
Losing this much money could be the end for Sony.
Excellent...
This will teach them to actually bother with security and never let outside firms handle it (they had just moved to an external company or sector of Sony to handle PSN). Because holy shit, if they stored everything in plain text, you bet I will try and sue them for data protection act breaches, even though none of my bank funding was touched, they still have my details.
[QUOTE=archangel125;29468931]This may be enough to drive them bankrupt... Maybe.[/QUOTE]
It'd be a huge blow since according to their investor relations page they don't have 24 billion sitting in available cash, but it's not like they're paying that upfront. Also, they bring in more than three times that yearly in operating revenue.
Be interesting to see how they spin this whole situation on their next IR release.
Good, they deserve it. Maybe this day will go down as the day a small group took down a large corporation.
[QUOTE=Doozle;29468965]Dayum, I feel sorry for Sony.[/QUOTE]
Don't, they shouldn't have let this happen.
hurr hurr sony deserve it ITT
I gotta say, considering how shitty the security was for it for something like this to happen and the fact that the personal info wasn't encrypted, I dont think I can trust them again with my info.
[QUOTE=Evil Flames v2;29469013]This wouldn't of happened if they didn't go after Geohot & others like they did.[/QUOTE]
I feel this would of happened regardless of their findings
[QUOTE=Doozle;29469154]hurr hurr sony deserve it ITT[/QUOTE]
They stored everything in plain text and failed to make their customers aware of the breach. They absolutely deserve punishment.
Goddamn sony fucked up big time. I remember a few months ago when it was revealed that the information was stored in plain text. They really should have made the psn more secure. It should be interesting to see how this plays out
Sony isn't going out of business because of this.
I highly doubt that it will even mean the end of the Playstation brand either.
But yeah, it's definitely a good kick to the balls, and they deserve it. You can be sure that Sony is going to make sure this never happens again.
[QUOTE=Doozle;29469154]hurr hurr sony deserve it ITT[/QUOTE]
Oh yes, because I'm totally not supposed to be mad that because of Sony, a bunch of hackers may have my credit details.
[QUOTE=DinoJesus;29469235]a bunch of hackers may have my credit details.[/QUOTE]
A bunch of hackers [b]do[/b] have your credit card details. Whoever broke into the servers or whatever apparently distributed the information. A lot of people have had fraudulent credit card charges since then.
Im still afraid for my info, i have my credit card info in there. But luckily nothing in my email. Yet....
You guys remember how the ps3 just became profitable like last year? Yea, all of that just got wiped out. The PS3 is just horrible for them and they should just seriously just kill it and work on a new one that you know, does not cost 600 dollars at launch or costs more then your selling it for. Just a thought.
E3's gonna be fun this year.
Imagine the Sony Press Conference - full of reporters that have had their details compromised.
Their lack of security is hilarious, I feel sorry for the people affected by Sony's horrible mistake(s).
Sorry Sony, you had it coming.
[QUOTE=Sanius;29469263]A bunch of hackers [b]do[/b] have your credit card details. Whoever broke into the servers or whatever apparently distributed the information. A lot of people have had fraudulent credit card charges since then.[/QUOTE]
Sorry I meant to say that, but thanks for trying to look out for me.
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