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PlayStation3 Outage May Compromise Credit Card Data

By Bryant Park, April 29, 2011
PlayStation3 Outage May Compromise Credit Card Data

Playing against other players worldwide on your Sony PlayStation3 is all fun and games until a hacker steals your personal information. That is precisely what has happened to many young and adult Americans, when the Sony PlayStation3 company servers were hacked into, which leaked personal information of players, such as their names, addresses and possibly credit card information.

Dream of an Identity Thief

Sony is certainly not the first company to have a leak of this kind, and put their customers at risk. PlayStation3 Players are certainly not the first group of Internet and virtual world consumers to have personal information get in the hands of what are presumed are the “wrong” people. It is simply further confirmation that when consumers use the Internet to transmit and store personal information, it puts this information at risk because it is an identity thief’s dream—all of that personal information sitting in one great big database just ripe for the picking.

Solution

In an interview Sony representatives say they responded as soon as they realized therewas a breach. They further concluded that the service would be up and running again in a proposed day or two. Turns out, it will be longer than a day or two. Sony has a security company on the case to figure out how it happened in the first place. This is what may be holding up getting the network and the players back online. Sony is also trying to rebuild and strengthen the company's web traffic. network. In the meantime, the company is being pretty tight-lippedabout how the breach occurred in the first place and what exactly they are doing to make sure it doesn’t happen again.

Bryant Park

Bryant Park is a financial consultant for one of the companies listed on Wall Street. He writes on a variety of topics ranging from credit cards to different loans that can be availed by consumers. He holds a bachelor degree in Financial Services from Dartmouth College.

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