FBI confirms: Lizard Squad under investigation for PSN, Xbox Live attacks

You’ve done it now, Lizard Squad. We can confirm that you’re under investigation.

The Federal Bureau of Investigation has started investigating Lizard Squad, the online group that took credit for knocking PlayStation Network and Xbox Live offline. On Christmas, Lizard Squad allegedly assaulted Sony’s and Microsoft’s servers with a distributed denial-of-service (DDoS) attack, which overwhelms a target with junk data that most servers can’t handle. The result was that PlayStation and Xbox owners couldn’t play many games or use online services for extended periods of time — potentially costing the companies millions of dollars in lost transactions and damages.