Of course this isn't true! God I don't know why people bothr with these stupid proedictions. The average cost of a data breach was 318 dollars. Per BREACH not per USER. Most breaches like this don't cost anyone money. The credit company tends to swallow individual claims. Ex. Someone steals your card and buys something from newegg.com. You complain to the credit company, they reemberse you and usually issue a new card. Newegg has your money, but the credit company pays you back.  And this only applies to the people who are actually victims of credit theft, which currently ammounts to 0 people. The biggest cost for Sony will be PR and how ever many millions they are paying this private security firm.  

There is no user to breach ratio that can be applied here. Imagine most security breached include a hundred people. Now imagine the cost of the break is $31,800. That is 318 dollars per person. Now imagine the breach involves 1500 people. The cost is still going to be $31,800 to fix the problem. The price of fixing broken security doesn't magically increase based on user accounts.

If K-mart is compromised and 100 peoples info goes out there it costs them the same as if 1,000 peoples info gets out there. They don't absorb the cost of reimbersement, and Sony definitely doesn't. This stuff was obtained from a hacked PS3 with a custom firmware and a hackers program.

Unless security firm Alpha charges 23 billion per review, then this report is absolute trash.

Of course this isn't true! God I don't know why people bothr with these stupid proedictions. The average cost of a data breach was 318 dollars. Per BREACH not per USER. Most breaches like this don't cost anyone money. The credit company tends to swallow individual claims. Ex. Someone steals your card and buys something from newegg.com. You complain to the credit company, they reemberse you and usually issue a new card. Newegg has your money, but the credit company pays you back.  And this only applies to the people who are actually victims of credit theft, which currently ammounts to 0 people. The biggest cost for Sony will be PR and how ever many millions they are paying this private security firm.  

There is no user to breach ratio that can be applied here. Imagine most security breached include a hundred people. Now imagine the cost of the break is $31,800. That is 318 dollars per person. Now imagine the breach involves 1500 people. The cost is still going to be $31,800 to fix the problem. The price of fixing broken security doesn't magically increase based on user accounts.

If K-mart is compromised and 100 peoples info goes out there it costs them the same as if 1,000 peoples info gets out there. They don't absorb the cost of reimbersement, and Sony definitely doesn't. This stuff was obtained from a hacked PS3 with a custom firmware and a hackers program.

Unless security firm Alpha charges 23 billion per review, then this report is absolute trash.

I was thinking about that, but I'm pretty sure this is technically 77 million malicious acts, because you are doing it to 77 million accounts, just like if you murdered 3 people, you would be tried for 3 acts of murder, not 1 (probably a dumb analogy, but it makes sense to me.)

Don't get me wrong though, I have serious doubts this will cost Sony even $1 billion.  Actually, I find it hard to believe it will cost them anything even close to that much, even if all lost revenue is seen as a cost.

thats not how legal action works.  one person would win and n oone else would be able to sue.  you can't be sued over the same thing twice.

and you are also missing what these costs include.  thse numbers are mostly guestimates of missing revenue or lost sales.  I mean during this down time, sony could have missed out on getting a few billion in psn sales.  meanwhile they are incuring a few billion more in costs.  Thus what would have been a 3 billion revenue, turns into a 0 billion revenue and 3 billion expense.  a 6 billion dollars cost overall.   and lets not forget stock.  these also estimate a loss in stock value.

is sony going to have to fork oer 23 billion dolalrs?  hell no. 

One thing ive found amazing about all this is when sony announced they had 70million accounts everyone poo pooed it as multiple accounts, sock puppet accounts and so on, but now psn has been hacked its suddenlly up to 75 million accounts in some reports and seemingly every account has a credit or debit card attached to it. 

So i call reports like this one utter bollox just people looking to scare monger with the absolute worst possible scenario and in a lot of cases actually impossible scenarios cos there stats there basing there guestimations on just arent true.

PER MALICIOUS ACT. Downloading a file with three passwords isn't three malicious acts. By this math Sony will be out $318 dollars. Oh wait, these numbers are total bullshit so this topic should be closed