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PSN Hack Cost Sony £105 Million

Felix Kemp
Anonymous, Games news, PSN, PSNgate, Sony Online Entertainment

PSN Hack Cost Sony £105 Million

The Playstation Network is slowly getting back to its feet, but the repercussions are still being felt, none more so than Sony themselves, who today released a statement admitting the crash may have cost the company £105 million. Sony have yet to identify the source of the crash - although have confirmed an outside source, possibly disgruntled hackers, are responsible - which left the Playstation Network down for 25 days.

In the statement, Sony reveal "Based on information currently available to Sony, our currently known costs associated with the unauthorized network access are estimated to be approximately 14 billion yen in the fiscal year ending March 31, 2012". Converted into our currency, that equates to almost 150 million pounds, which is a massive blow to the already reeling Sony.

There's yet more bad news for Sony, who also state the tragic Japanese earthquake and tsunami have reduced their operating income by £129 million. "During the fiscal year ended March 31, 2011, Sony expects to record charges of approximately 12 billion yen, consisting principally of idle facility costs at manufacturing sites and an incremental provision for life insurance policy reserves".

We can all lambast for Sony for not properly fortifying the Playstation Network against potential hacking attempts, but the devastating effects of the Japanese disaster, while unavoidable, are very, very sad. Sony lost several manufacturing plants to the tsunami waves that swept the country. Here's to hoping they can recover from these two devastating blows. [Eurogamer]

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