BankThink

Sony Says Breach Wasn't Bad for Business

By Daniel Wolfe September 02, 2011, 2:01 p.m. EDT 1 Min Read

Bank technology

Sony Tells More About Data Breach

Sony Corp. has provided further details on the data breach that affected up to 77 million users of its PlayStation Network.

By Daniel Wolfe

April 28

The massive data breach of Sony Corp.'s PlayStation Network hasn't deterred people from using it – 3 million new customers have signed up since the incident was disclosed in April.

The personal data of up to 77 million users of Sony's online gaming network and media store was exposed in the breach, and Sony took the PSN system offline for an extended period to improve its security.

Sony offered free games and identity theft protection to the affected people, and although the incident would seem to have tarred the company's image among gamers, "we have more than 3 million new customers since the network came back online, and sales are exceeding what we had before the cyberattacks," Sony CEO Howard Stringer said in a speech Wednesday, according to CNET News.

Content Director, Payments and Credit Unions, American Banker

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