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Sony Restores Its PlayStation Network

June 2, 2011

Sony is fully restoring is PlayStation Network in the U.S. and Europe on Thursday after being offline for over a month due to security concerns.

The company said its services are set to start back in the U.S., Europe and Asia, excluding Japan, Hong Kong and South Korea.

Sony shut down the network after a security breach that affected over 100 million users.

The company said last week that credit card companies have not reported any rise in fraudulent credit card transactions as a result of the attack.

The company said it has added security enhancements to protect customers’ data and created a new Chief Information Security Officer position.

The attack cost Sony $173 million, which was used to cover new identity theft insurances for customers, improvements to infrastructure, customer support and investigation into the hacking.

Sony is also offering a “Welcome Back” package of free game downloads and premium services to users who wish to continue using its gaming network.

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