#PSN down: Why we can't trust companies who own our data

(Chris.Pirillo.com) Sony finally admitted what we've known for a few days now: there was a massive data breach for their Playstation Network users. More than seventy-seven million user accounts are affected in what is being touted as perhaps the largest data breach ever. The debacle has been reported to the FBI and one Congressman is accusing the company of "taking too long to report the breach." The hackers likely have access to your username and password, your name and address, your date of birth and credit card information and even the answers to your security questions.

This is a huge black eye, not only for Sony but also for all of the companies we have come to trust. It proves just how vulnerable you really are. Sure, you can cancel your credit card right away and even put a "high risk" alert on your credit file temporarily. However, imagine what thieves can - and will - do with that other information they mined.

To read the original post in its entirety, see Sony Playstation Breach Shows How Vulnerable You Are on Chris.Pirillo.com.

Chris Pirillo is a geek, internet entrepreneur, hardware addict, software junkie, book author, technology enthusiast, early adopter, idea evangelist, bootstrapper and thicker quicker picker upper. He's also a weekly columnist for What's Trending.

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