After keeping millions of PlayStation users on tenterhooks over the possible date of resumption of the gaming services, Sony issued another apology on Tuesday, and promised no new deadline for the restoration of the network.
Investors around the world, more so the Chinese, are buying up gold assets to cover against rising inflation risk, macroeconomic uncertainties, a possible currency doom and the ever worsening U.S. debt scenario. The gargantuan demand from China can cause the yellow metal's prices to skyrocket, analysts feel. If the Chinese buying trend is ably supplemented with a fall in the value of dollar, this could result in a skyrocketing of prices.
Sony said on Tuesday its PlayStation Network will come back to life by the end of this month, putting to rest swirling rumors about when the gaming giant will sort out is hacking threats and restore the 77-million-strong network, even as it still remained entangled in the crosshairs of digital security watchdogs.
The U.S. federal government has prosecuted nearly 60 individuals since 2008 related to the transfer of U.S.-based information to China, according to report.
Silver Bullion rallied from a drop below $34 per ounce, the fifth daily plunge running and some 31% below last Thursday's new three-decade high. Dollar prices to Buy Gold whipped in a $10 range Friday morning in London, trading up to $1488 per ounce - some 5.5% below Monday's record-high spike- as European equities and global commodities stemmed their losses.
Last Pass says it may have overreacted to an anomaly in its network traffic log, but one security firm isn't so sure.
People who prefer to store their numerous, ever-growing list of passwords in the cloud were in for a big surprise when LastPass revealed earlier in the week a possible security breach in its networks and asked users to reset their master passwords connecting to the site.
Sony Chief Executive Officer Howard Stringer apologized to users for 'the inconvenience and concern' caused by the attack on its PlayStation Network. The following is the full text of the letter by Stringer posted in an official blog:
Sony's security was not updated and the PlayStation Network had little firewall protection, according to the testimony of a cybersecurity expert before Congress.
China has officially criticized U.S. President Barack Obama’s administration for the military operation that led to the killing of al-Qaeda chief Osama bin Laden.
President Barack Obama on Thursday announced that the White House will not release photos the deceased Osama bin Laden, saying we don't trot out this stuff as trophies, saying that doing so would create a national security risk.
U.S. Attorney General Eric Holder said on Wednesday that the U.S. Justice Department had an open investigation into the Sony Corp data breach.
Gold prices hit new all-time Dollar highs at the AM London Fix on Tuesday, but silver traded near a two-week low as world stock markets slipped and commodity prices fell hard.
Sony disclosed on Monday hackers had stolen the names, addresses and passwords of nearly 25 million more users than previously known less than a day after the Japanese company apologized for one of the worst break-ins in Internet history.
U.S. President Barack Obama has issued a security alert in the country and travel alert worldwide for Americans, expecting retaliatory attacks from terrorist organizations worldwide, especially Al Qaeda, after news spread that dreaded terrorist leader Osama bin Laden was killed in a targeted U.S. operation in Abbottabad, Pakistan.
Sony will begin to restore services to its Playstation Network after it took it down following an attack resulting in the loss of personal data of nearly 80 million users around the globe. The following is the full text obtained from the company.
Sony Corp. said it is beefing up security on the PlayStation Network in the wake of a hacking attack that resulted in the theft of millions of users' credit card details.
Even as silver prices are hovering near their all-time record high, there are some investors who ardently believe prices will continue to go upward. And then, there are people who think it's realistically possible that silver will breach an unbelievable $100 an ounce!
Sony Corp.'s Executive Deputy President Kazuo Hirai will hold a press conference on Sunday to talk about the recent security breaches of the PlayStation Network. It is the first time a company executive is directly addressing the issue.
Gold Investing prices extended last night's strong gains on Thursday, hitting fresh all-time highs at $1534 per ounce as new US data showed inflation accelerating sharply.
Full Text of the class action complaint against Sony, filed in response to a massive security breach.
Famed PlayStation hacker George Hotz may have settled his case with Sony, but that hasn't quelled speculation that Hotz himself was behind the recent hack that swiped the user data of Sony's 70 million PlayStation Network subscribers.
