PSN Hack Could Cost Sony Billions

Its been about a week since the initial hack of the Playstation Network. Since then its been shut down in an attempt to stop the collection of data from the 77 million plus users. Information including Names, Addresses, Emails, Passwords, and quite possibly credit card information.

Once Playstation Network users learned of this information either directly from sony through the playstation blog or through the news (I for one saw it on nbc news) users became understandably angry. Rothken Lawfirm based in California has actually filed a lawsuit agains them which could cost sony a large amount of money. Not to mention the fact that the network being down and all of the investigation going toward it could already cost them billions. Yeah thats right BILLIONS. Ponemon Institute says that when any network is breached it on average costs $318 per customer. Doing a bit of math and taking some variables into consideration Ponemon stated that it could look like a 24 billion dollar price tag.

Things aren't looking good for Sony. Just as they were gaining some stride with their exclusive releases, great games and projects on the way including NGP, Experia Play, Socom 4, Infamous 2, and more they have a major setback that could result in layoffs.

I know i've been posting strictly about this whole scandal but thats because this is very important to me, being a Game Art and Design student working for Sony would have been a dream come true. Now its looking like it might be harder to get a job within the next year (my expected grad day is in June of next year)

Sources: GameInformer.com and NBC News

Signed

Luis C Mendez