All the sessions from Transform 2021 are available on-demand now. Watch now.
Sony said that the cost of the PlayStation Network’s almost month-long outage after being attacked by hackers will be around 14 billion yen, or $171 million.
The company announced the news as part of its financial results for the fiscal year ending March 31, 2011. The estimate is based on current information and will be incurred in the fiscal year ending March 31, 2012. The outage was one of the worst in the history of cyber attacks, and it meant that 77 million registered users couldn’t play online games or make purchases on the network.
No doubt a big part of the cost was hiring security contractors to investigate the matter and rebuild the network so that it was safe and secure. That process started on April 20 and service wasn’t restored until around May 15. In the meantime, Sony’s brand image suffered enormously, and the company lost a lot of goodwill among gamers.
We’ll be exploring the most disruptive game technologies and business models at our third annual GamesBeat 2011 conference, on July 12-13 at the Palace Hotel in San Francisco. It will focus on the disruptive trends in the mobile games market. GamesBeat is co-located with our MobileBeat 2011 conference this year. To register, click on this link. Sponsors can message us at email@example.com. To pitch a startup at the Who’s Got Game contest at GamesBeat 2011, click here.
GamesBeatGamesBeat's creed when covering the game industry is "where passion meets business." What does this mean? We want to tell you how the news matters to you -- not just as a decision-maker at a game studio, but also as a fan of games. Whether you read our articles, listen to our podcasts, or watch our videos, GamesBeat will help you learn about the industry and enjoy engaging with it. How will you do that? Membership includes access to:
- Newsletters, such as DeanBeat
- The wonderful, educational, and fun speakers at our events
- Networking opportunities
- Special members-only interviews, chats, and "open office" events with GamesBeat staff
- Chatting with community members, GamesBeat staff, and other guests in our Discord
- And maybe even a fun prize or two
- Introductions to like-minded parties