Sony Says PlayStation Security Breach Will Cost $170 Million

The costs include identity theft protection for users, free games, and associated legal costs, according to the company.

Sony has stated that it expects the recent cyber attack on the PlayStation Network to cost $170 million.

"Users in many countries are being offered a year-long identity-theft protection program and free games," writes Computerworld's Martyn Williams. "The cost estimate includes those actions and associated legal costs, said Masaru Kato, Sony's CFO, at a Tokyo news conference."

"The costs will be booked in Sony's current financial year, which will end on March 31," Williams writes.

Go to "PlayStation Network hack will cost Sony $170M" to read the details.

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