Computer Security and Sony Data Breach Essay - 3532 Words

Information Systems for Management: BUSI 502 Subject Matter: Sony Reels from Multiple Hacker Attacks Sony’s PSN Hackers’ Incident New Cost Estimates for the Hacking Incident General data breach issues. According to Osawa (2011), costs associated with the 2011 Sony data breach involving Sony Corp.’s online videogame are over a billion dollars as it takes steps to repair its customers’ base and protect its customers. Nobuo Kurahashi, as Mizuho Investors Security analyst maintained that a complete and thorough assessment of potential impact on Sony’s future business would be more difficult to quantify (as cited in Osawa, 2011). The analyst argued that if data security concerns damage Sony’s brand image, this could undermine the†¦show more content†¦Customers to leave Sony because of the incident and reports of fraudulent use of identities obtained from the hack. While there have been no reports to date of the Sony hacker(s) using the stolen identities of Sony’s customers, the breach to Sony’s PlayStation Network involved millions of people around the world who used Sony’s PlayStation video game s ystem and who may have had their credit card information stolen in the 2011 hacking incident (PBS, 2012). This hacking incident against Sony could have potentially included over seventy-seven million user accounts that were disconnected worldwide. The hacker obtained information to include players’ names, addresses, birth dates, email addresses, passwords and log-in names. According to Kevin Poulsen, senior editor at wired.com (as cited in PBS NewsHour, 2012), its going to cost Sony a lot of money and a lot of fan loyalty. Some of the people leaving Sony are not going to care about the breach itself. They are just going to be extremely angry that they were denied access to the PlayStation Network for so long. Additionally, according to Dennohey (2012), the 2011 hacker gained access to a database dating back to 2007. Within this database there were information which included bank account information on approximately 12,000 debit and credit card holders in Austria, Germany, the Netherlands and Spain. Sony claimedShow MoreRelatedSonys Operations And Development Of Business Continuity Plan1232 Words   |  5 PagesThe Sony was hacked in November 2014 by the group calling itself GOP or Guardians of Peace. With the disturbing images and threats displayed on the monitors and that was painful for Sony Entertainment. The routine work collapsed as server was down and in IT system all data wiped (Lavasoft, 2011). As per management information 100 terabytes of data released on internet which includes, employee personal information, salaries, emails, and social security numbers. 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