Sony has dropped its appeal over a £250,000 fine incurred over security failures during the 2011 PlayStation network hacking incident which affected 77 million users.

PSN 300x216 Sony drops appeal in PlayStation Network hacking case

Sony has agreed to pay a £250,000 fine incurred as a result of the April 2011 hacking of the PlayStation Network. The fine was handed out in January of this year by the Information Commissioner’s Office, which deemed the attack was preventable and that there is “no disguising that Sony is a business that should have known better”.

Sony initially appealed the fine, citing they strongly disagreed with the ICO’s decision. Now, they’ve decided to pay after all, to protect the inns and outs of their security system: “After careful consideration we are withdrawing our appeal. This decision reflects our commitment to protect the confidentiality of our network security from disclosures in the course of the proceeding. We continue to disagree with the decision on the merits.” The ICO responded by saying: “We welcome Sony Computer Entertainment Europe Limited’s decision not to appeal our penalty notice following a serious breach of the Data Protection Act.”

psn hacker Sony drops appeal in PlayStation Network hacking case

The security breach in question lifted account information from 77 million different accounts back in 2011, many of which had credit cards attached to them, whose numbers were also disclosed. At the time, the hack forced many of those users to cancel their credit cards.

Via CVG