Sony Tries to Repair PlayStation Network from 'External Intrusion' (SNE)

Sony SNE said Saturday that it is in the process of repairing its damaged PlayStation internet gaming network from an "external intrusion." The game company stated that its "working around the clock" to bring the services back online. Sony Corp. said it is rebuilding its PlayStation Network to bring it back online after an "external intrusion" caused it to suspend the service. "Though this task is time-consuming, we decided it was worth the time necessary to provide the system with additional security," the company said in a blog post this weekend. According to a Reuters report, "The company said it turned off the service, which lets gamers connect in live play, so that it could strengthen its network infrastructure. Qriocity -- the company's online entertainment platform -- was also affected. The PlayStation Network and Qriocity had been turned off Wednesday evening so that the company could investigate an external intrusion. The company said the following day that it could take a "full day or two" to get the service back up and running." "We thank you for your patience to date and ask for a little more while we move towards completion of this project," the company said in the blog post. Sony is engaged in the development, design, manufacture, and sale of various kinds of electronic equipment, instruments, and devices for consumer, professional and industrial markets, as well as game consoles and software. Shares of the company closed higher by more than 1% on Friday, to $30.50.