According to a source of Playstation Universe's, PSN will be down until Tuesday for NA & EU users, Monday for JP users. The source also added that the PSN servers were hit with a LOIC (Low Orbit Ion Cannon) which allowed a DDOS (Dedicated Denial of Service) attack to occur. The hackers were able to gain access to the user account database & admin Dev database. Because of this, Sony decided to take down PSN & Qriocity to transfer back-ups to new servers, reissue Dev accounts, & conduct a thorough investigation.
It will be interesting to see how Sony conducts itself after everything is brought back up. The once-a-day blog updates help add to the validity of this information and show just how serious this is to the network.
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