Sony: PSN intrusion will cost £106 million

Monday, 23 May 2011 12:07 GMT By Johnny Cullen

Sony has said the recent external intrusion of PlayStation Network will set the company back about ¥14 billion (£106 million/$171 million).

The news comes from a revision of the company’s results for its fiscal year ending March 31, 2011. Full results are due later this week.

“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,” it said.

The company as a whole expects a massive net loss of ¥260 billion (£1.9 billion/$3.1 billion).

The intrusion of PSN and Qriocity took place after the financial year, with the downtime beginning on April 19, but the massive earthquake and tsunami in Japan from March will have played some part in the loss, according to Sony, with ¥17 billion (£128 million/$207 million) taken from operating profits for the financial year.

PSN returned online earlier this month, including online play and PlayStation Home. PlayStation Store, however, has remained down, but a return is rumoured for tomorrow.

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