This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Sony Suspects Hacking Vendetta

Stocks in this article: SNE

TOKYO ( TheStreet) -- Sony (SNE) said that its spate of embarrassing data breaches could be tied to a sophisticated hacking vendetta against the consumer technology giant.

In a letter sent to the House Energy and Commerce Committee this week, Sony chairman Kazuo Hirai revealed the mysterious circumstances surrounding the recent attack on its online entertainment division.

Sony says that its latest data breach may be tied to a sophisticated hacking vendetta.

Hirai explained that, when the division found out that data from its servers had been stolen on Sunday, it also discovered that intruders had planted a file on one of the servers named "Anonymous" with the words "We Are Legion."

"Just weeks before, several Sony companies had been the target of a large-scale, coordinated, denial of service attack by the group called Anonymous," wrote Hirai. "The attacks were coordinated against Sony as a protest against Sony for exercising its rights in a civil action in the United States District Court in San Francisco against a hacker."

Hirai added, however, that the denial of service attacks may have also been timed to coincide with an earlier breach, which saw Sony's Playstation Network infiltrated. "Almost two weeks ago, one or more cyber criminals gained access to the Playstation Network servers at or around the same time that these servers were experiencing denial of service attacks," he wrote. "Our security teams were working very hard to defend against denial of service attacks, and that may have made it more difficult to detect this intrusion quickly -- all perhaps by design."

Sony subsequently warned its 77 million users that their private account details, such as passwords addresses and credit cards, may have been compromised after the Network was infiltrated by the unknown hacker.

On the Sunday following the second incident, the company said that hackers may have stolen personal information from about 24.6 million accounts at the online entertainment division, which makes multiplayer online games.

"What is becoming more and more evident is that Sony has been the victim of a very carefully planned, very professional, highly sophisticated, criminal cyber attack designed to steal personal and credit card information for illegal purposes," said Hirai, in his letter. "Sunday's discovery that data had been stolen from Sony Online Entertainment only highlights this point."

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,461.32 -153.49 -0.92%
S&P 500 1,927.11 -14.17 -0.73%
NASDAQ 4,382.8470 -36.6310 -0.83%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs