79w ago - Today The Street (linked above) has interviewed Sony CEO Sir Howard Stringer, who states that PS3 hackers have not held them back despite numerous PlayStation Network disruptions over the last year.

He believes that they were the victim of a sophisticated vendetta orchestrated by elements within the hacking community, stating it was a revenge attack, due to them going after a PS3 hacker who exploited the PlayStation 3 console. Below is an excerpt from the interview, to quote:

NEW YORK (TheStreet) - Sony (SNE) has bounced back from a wave of hacking attacks on its PlayStation business earlier this year, according to CEO Sir Howard Stringer, who says that digital assaults are an occupational hazard for major firms.

“The press was on us for four days until somebody else got hacked and everyone realized that hacking is a fact of life,” he said, during a briefing event organized by The Wall Street Journal. “We took it on the chin over and over again - the problem that we have is that we were alone out there, so nobody had anything else to write about that month.”

Sony’s security travails certainly grabbed plenty of headlines. In May, the company confirmed that it was the victim of a massive denial-of-service attack, likely timed to coincide...