Sony has yet to release new information regarding the outage, however we have a rough estimate on when the PlayStation Network will return to regular service. May 3rd was the estimate by Sony representative Patrick Seybold. A class action lawsuit on behalf of the 70-77 million users effected by the security breach is underway in order to dig up more information on the case.
The security hole in the PlayStation Network had been known for some time and censored videos of it had been made public a while back by members of anonymous in attempts to reach out to Sony in hopes that they would fix it.
It is possible that the lawsuit may be over before it begins according to the PlayStation Networks Privacy Policy that states:
Accuracy & Security
We take reasonable measures to protect the confidentiality, security, and integrity of the personal information collected from our website visitors. Personal information is stored in secure operating environments that are not available to the public and that are only accessible to authorized employees. We also have security measures in place to protect the loss, misuse, and alteration of the information under our control. Unfortunately, there is no such thing as perfect security. As a result, although we strive to protect personally identifying information, we cannot ensure or warrant the security of any information transmitted to us through or in connection with our websites, that we store on our systems or that is stored on our service providers’ systems. – http://us.playstation.com/support/privacypolicy/index.htm
It’s up to Sony’s lawyers now to make their case in court. A lawsuit against Sony may cripple the PlayStation Network and potentially disrupt service to its existing customers.
Sony (SNE:NYSE) will resume trading at 10AM EST GMT-5 today at 28.39 per share after falling another 2.2% (loss of -0.64).
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