Sony's Network Outage Costs 24 Billion USD

How much did the PSN outage actually costs Sony? With 77 million accounts details compromised and a reported $318 per record attached for the third party security firm alone, Sony are looking at a bill of $24.5 billion. If you add that to the recently announced customer compensation package and the revenues from the network itself, then the result is one expensive headache for Sony.

Here's the costs!

Not enough with the massive costs, there's also a ban for Sony to bring back the PSN online in Japan before Japan's demands are met.

"We met with Sony on May 6 and 13, and basically we want two things from them," Kazushige Nobutani, director of the Media and Content Industry department at the Ministry of Economy, Trade and Industry, told Dow Jones Newswires.

He listed two areas where it requires further explanation before approval will be given following the incidents regarding its PlayStation Network and Sony Online Entertainment videogame services.

"The first is preventative measures. As of May 13, Sony was incomplete in exercising measures that they said they will do on the May 1 press conference," he said, adding that he could not provide details on the outstanding issues for security reasons.

The second was in how Sony hoped to regain consumer confidence over personal data such as credit card information.

And the worst, is how the brand has taken a severe hit. The secure image of the PSN is basically destroyed now. But I'm quite confident that Sony can rise from the ashes and be victorious again!

Source:
Techland
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