PSN Users’ Credit Card Information Not Being Used Fraudulently

There have been reports roaming around the internet saying that the credit card information collected from the PlayStation Network was being used to to sell back to Sony. The company has said that there are no truth to this.

We want to state this again given the increase in speculation about credit card information being used fraudulently. One report indicated that a group tried to sell millions of credit card numbers back to Sony. To my knowledge there is no truth to this report of a list, or that Sony was offered an opportunity to purchase the list.

Sony also mentioned that even thought the username passwords weren’t encrypted, they were hashed (another type of security measure). Here’s the link explaining the difference between encrypting and hashing.

Sony insists that PSN users change their passwords. If you have unrelated accounts that uses either the same username or password, it’s best that you change it now. As for credit cards, it’s also time to get a new card if you haven’t already.

Source: PlayStation Blog

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