. Military Space News .
INTERNET SPACE
Sony boss says cannot guarantee security after hack

by Staff Writers
Tokyo (AFP) May 18, 2011
Sony chief Howard Stringer has warned he can no longer guarantee the security of the electronics giant's gaming network in the "bad new world" of cybercrime after one of the biggest Internet data breaches.

The Japanese multinational has begun restoring its hacked PlayStation Network and Sony Online Entertainment services after the theft of personal data from more than 100 million accounts in a cyber attack estimated to have cost the firm $1 billion.

The company has bolstered security but Stringer, speaking for the first time on the crisis Tuesday, said protecting private information was a "never-ending process" and he did not know if anyone could be "100 percent secure".

Sony shut down the PlayStation Network and Qriocity music streaming service on April 20 after its data centre in San Diego was hacked -- but it did not reveal the breach until April 26.

The company has said it cannot rule out that millions of credit card numbers may have been compromised.

Stringer, 69, warned hackers may one day target the global financial system, the power grid or air-traffic control systems.

"It's the beginning, unfortunately, or the shape of things to come," he told Dow Jones Newswires. "It's not a brave new world -- it's a bad new world."

The breach is a huge blow for Sony as it focuses on pushing content such as games and music through hardware platforms including game consoles, smartphones and tablet computers amid competition from Apple's iTunes and App Store.

Sony was lashed by bitter criticism over the crisis which overshadowed the earnings bounce-back made by the firm after two years of losses.

Stringer hit back at politicians and Internet privacy advocates who said Sony should have alerted subscribers to the threat of a possible data theft sooner.

He said Sony did not know conclusively until April 25 that personal information had been accessed and added that said talking publicly about the company's suspicions before gathering evidence would have been "irresponsible".

"We were trying to find out in a very volatile situation what had happened and when we did we relayed it," said Stringer. "If your house has been burglarised, you find out if you've lost something before you call the police," he said.

Stringer said the Federal Bureau of Investigation probe into the matter was still ongoing but declined to provide an update on the findings.

The CEO said it was too early to assess the financial impact of the outage, with the company reporting its full-year results on May 26, but analysts estimate the breach will cost the company as much as $1 billion.



Share This Article With Planet Earth
del.icio.usdel.icio.us DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook



Related Links
Satellite-based Internet technologies



Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News


INTERNET SPACE
LinkedIn hikes IPO price by 30 percent
New York (AFP) May 17, 2011
LinkedIn on Tuesday raised the share price for its public listing by roughly 30 percent, pushing the value of the professional-networking firm as high as $4 billion and testing the market's lust for Internet companies. The first major US social networking firm to go public, LinkedIn jacked up its expected IPO share price for 7.84 million shares to between $42 and $45, just a week after it fi ... read more







INTERNET SPACE
Boeing to Begin Maintenance Work on SBX Missile Defense Radar

Russia must join Europe missile defence: Kremlin

Israel to spend $2B on missile defense

United States unfolding missile defense in Europe de facto says Rogozin

INTERNET SPACE
N. Korea, Iran share ballistic missile know-how: UN

Taiwan deploys supersonic anti-ship missiles

US man jailed for smuggling anti-aircraft missiles

Patriot Test Fires PAC-3 MSE Missile

INTERNET SPACE
Cassidian and TAI agree on cooperation in the Talarion programme

US drone attack kills three in Pakistan: officials

First test flight for biggest China drone

US drone attack kills five in Pakistan: officials

INTERNET SPACE
Northrop Grumman Awarded Contract to Develop EHF SatComms Antenna for B-2 Bomber

Lockheed Martin To Produce Equipment For US Army Tactical On-The-Move Network

Emirates lofts satellite to boost military

LockMart Battle Command System Replaces US Army Legacy System

INTERNET SPACE
Army Equipping Afghans and Iraqis on Mi-17s

Australia buys Bushmasters for Afghanistan

TE MANA successfully test fires PHALANX CIWS

Boeing Awarded Fifth USAF Combat Survivor Evader Locator Contract

INTERNET SPACE
Founder of Blackwater hires mercenaries for UAE: report

Russian Helicopters shelves IPO

Senators urge Obama to freeze Asian base overhaul

Thales, Safran resume asset swap talks

INTERNET SPACE
US, China bid to bolster military ties

US finally makes famed 'Pentagon Papers' public

US, China clash on rights but ease economic rift

US, China clash on rights but ease economic rift

INTERNET SPACE
MLD Test Moves Navy A Step Closer To Lasers For Ship Self-Defense

US Navy And Northrop Grumman Accomplish Goals For At-Sea Demonstration Of Maritime Laser

Scientists Build World's First Anti-Laser


The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement