One person claims to have broken into the PlayStation Network, and what he has found is rather shocking. If his findings are accurate, your credit card information is being sent to Sony as an unencrypted text file, and Sony is watching every single thing you do with your system, keeping detailed records all the while.
"Sony is the biggest spy ever... they collect so much data. All connected devices return values sent to Sony's servers," the hacker said. He claims that Sony knows what controllers you're using, what USB devices are plugged in, what sort of television you're using—everything.
Report: PSN hacked, showing stunning lack of credit card security

Holy mother of all