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Credit Card Companies Report No Signs of PSN-Related Fraud

April 29, 2011 Written by Corey Schwanz

With the user information stored in the PlayStation Network databases compromised, the most troubling concern is over user identity theft. Fortunately, nothing seems out of the ordinary quite yet.

Sony officials say that, while the personal data tables were not explicitly encrypted behind their security systems, credit card information WAS protected. From their initial announcement, Sony said that there was no evidence of the financial information being taken. It’s obviously a good idea to keep close monitoring of any credit cards attached to a PSN ID in case. There is some good news at the moment however.

Spokesmen from Wells Fargo, American Express, and Mastercard have stated their respective companies have not found any indications of extensive credit card fraud related to the incident. However, in the second part of our interview with AVG’s Chief Research Officer, Roger Thompson – which will be published later today here – the security professional admitted that due to the sheer amount of data stolen it may take a while for it to be sold off.

Stay tuned to PlayStation LifeStyle for any new information regarding the PlayStation Network Hack and any additional steps you should take to protect your identity.

[Source/Via]