133w ago - Today Nyleveia.com (linked above) reports news of a security issue with the PlayStation Network 'Password Reset' feature, and as a result Sony has turned off the PSN sign-in to remedy the matter.
Sony has also confirmed that it was indeed not a hack, but a URL exploit that was subsequently fixed.
To quote from Community Team Moderator Yaster via the official PS EU Forum:
"Hey Guys. Please note that PSN sign in is currently unavailable for the following services:
• PlayStation forums
• PlayStation Blog
• Music Unlimited via the web client
• All PlayStation game title websites
Unfortunately this also means that those who are still trying to change their password password via Playstation.com or Qriocity.com will be unable to do so for the time being. This is due to essential maintenance and at present it is unclear how long this will take.
In the meantime you will still be able to sign into PSN...
136w ago - Update #2: MCST.ca has reported that Canadian Natasha Maksimovic has also filed suit (PDF) against Sony via McPhadden Samac Tuovi LLP for the recent PSN security breach.
Update: MSNBC now reports that Sony's database may already be on sale in an online bazaar, stating that that low-level cybercriminals using "carder" online forums were offering to sell a database of 2.2 million credit-card numbers taken during the PlayStation Network breach.
As a result of yesterday's confirmation from Sony that PSN account information has been compromised, today class action lawsuits are forming against the corporation despite a T&C disagreement that states Sony is not liable for loss of data.
146w ago - Yesterday Sony addressed PS3 circumvention devices, piracy and PSN bans and today PS3 hackers SKFU among others via ArsTechnica have reported on potential security risks for PlayStation Network users.
To quote: While I read about the big ban tsunami and interesting papers like PSN.PDF (Mirror). I gone through a funny theory, I won't publish any details tho:
1) The bans are based on the users' account and console ID's.
2) We can modify all traffic sent and received by the PlayStation 3
What if some skiddies start to modify their sent traffic to appear as another user and use backups?
The PSN servers would recognize the TOS violation and check the online user database for known connections based on the ID's. The user and his consoles who really owns the ID's would be banned.
Even a simple Windows application which goes through ALL ID's may be possible. 24 hours and any console worldwide would be...