On April 20th 2011 the PlayStation network was compromised. Gamers all over the world are outraged, but they’re not the only ones. Sony’s stock has dropped over $2.08 billion in the past month, and investors are none too happy, see here. This is the largest recorded loss in Sony history.
Instead of Sony giving its gamers a clear date of when the network will be back on, they decide to continually move it back. It started out with a couple of days, then weeks, now it’s almost a month. The current date is set for May 31st 2011. Considering their low success rate with release dates, it’s hard telling if they’re telling the truth this time. Only time will tell, but I for one hope it’s all fixed by then.
A group that goes by the name Anonymous was originally believed to be behind the attack, later that was found to be untrue. Members associated with Anonymous are believed to have some sort of involvement. Currently Sony is continuing their investigation. A man named George “GeoHot” Hotz was apprehended after posting a YouTube video on how to hack the PS3. His YouTube, Google, Twitter account, and personal computer were all taken from him in order to help catch other hackers involved. The kicker here is Sony knew there were vulnerabilities with the network, but never bothered to fix it.
Sony, and its investors aren’t the only ones seeing a loss of profit. Games like Call of Duty, Portal 2, and Mortal Kombat were all relying on PS3 online play. Anymore, people don’t care as much about story modes. They want to play against their friends online. With the PlayStation network being down, video game sales are dropping too. Even movie sales are seeing a slight hit. PlayStation offered consumers the option to rent, or purchase movies via PlayStation Network. With this option temporarily out of use, sales drop to zero.
Overall, it’s like a trickle-down effect when people rely on something like the PlayStation network and it goes out. Video games, movies, even home theater installation take a hit. It’s not like Sony enjoys having their network down for an extended period of time any more than we do. They’re losing money; we’re losing the luxury of being able to play online. It’s a bad situation for everyone. On the bright side, this should encourage people to spend more time with their friends and family, or go outside and get some exercise instead of sitting in front of the television until it’s time to go to bed. As negative as it is having the network down, there are always some positive aspects that come from it.
Written By – Leah of eatbreatheblog.com