Tag Archives: playstation-hacker

Are the PlayStation Hackers Running up Debt?

This could very well be the first case of many we’ll see where the PlayStation hackers are using the credit card information they obtained. Rory Spreckley is one of more than 77 million people who had a credit card on file with Sony in order to access their PlayStation Network. He also is apparently now the victim of credit card fraud. The Adelaide man logged into his bank account earlier today only to find more than $2,000.00 worth of charges that he didn’t run up.

Sony claims that there is no solid evidence that any credit card information was stolen. The company firmly stated that this type of info is encrypted. We all know how fail-safe that is, right? At this point in time, the gaming giant isn’t even sure how many – and which – databases were accessed. Therefore, it cannot be sure. With the news of Mr. Spreckley’s unauthorized charges surfacing, I’d think it’s safe to say the hackers may just have gotten their hands on your financial stuff after all.

“There was a number of early transactions on the 23rd of amounts under $1, which they say is the usual kind of test run that fraudsters do and then there’s been a number of transactions of larger amounts, including domestic flights within Australia, bookings at Best Westerns [hotels] and what not,” the Australian man stated.

Most galling to me is that someone is telling these consumers NOT to cancel their credit cards. They should instead simply watch for unauthorized charges to their accounts. Uh… right. Who the hell thought this up? I’m sorry, but if my credit card information was taken by anyone other than myself, I would be on the phone to cancel it faster than you can blink your eyes. That’s absolutely ludicrous as far as I’m concerned.

Security experts agree that there needs to be MUCH more done on the part of the compromised companies. They agree that disclosure needs to be much sooner – even if all details aren’t clear. Customers deserve to be warned that something could be up, so that they can take proper precautions. These experts would even like to see a disclosure law in place: “It would require a company to contact and inform customers within one day or two days of the event occurring so that those customers can take action to cancel credit cards or change passwords or other private information and also to be aware that their information has actually been stolen,” said Mark Gregory of RMIT.

If you were a PlayStation Network subscriber, do yourself a favor: take action. Don’t sit around and wait to see if hackers will run up your accounts. Be proactive. Discuss with your bank or financial adviser the best steps to take in order to keep yourself – and your credit score – safe. Yes, you can get charges reversed if you have your cards stolen. But doing so can sometimes be a long and painful process.