Sony to pay $395K for PlayStation hack in 2011

Sony to pay $395K for PlayStation hack in 2011

The Information Commissioner’s Office or ICO in the UK has fined SCE or Sony Computer Entertainment Europe Limited with an amount of US$395,775. This is due to the huge hacking of Sony’s PSN or PlayStation Network in 2011 that saw millions of leaked personal data from its users.

On Thursday, the ICO stated that the monetary penalty being implemented to Sony comes after the severe violation of the Data Protection Act.

Back at the time when the platform of PSN was hacked in April of 2011, it has compromised personal information from the millions of consumers who use it, which . . . → Read More: Sony to pay $395K for PlayStation hack in 2011

PS3 Prices Have Been Cut Down by Sony

sony ps3

Sony is cutting the value of its PlayStation 3 game console across North America, Europe and in Japan, according to the company, as it looks to spur demand before the year-end shopping season.

Sony Computer Entertainment slashes the value for 160-gigabyte PS3 from $299 to $249 in North America and from 299 Euros to 249 Euros in Europe, according to its statement.

Beginning Thursday, the company will as well lower the value in Japan, from 29,980 yen to 24,980, while cutting some 14 percent off the costs of a 320-gigabyte PS3 in the three . . . → Read More: PS3 Prices Have Been Cut Down by Sony