(adsbygoogle = window.adsbygoogle || []).push({}); According to PSX-Scene former moderator, "chesh," the now six-day-long PlayStation Network outage is the result of a particularly exploitative custom firmware (CFW) modification for PS3. In a post on Reddit, chesh claims that a CFW known as "Codename: Rebug" had given its users the ability to log into PSN as if they were doing so from a developer console (or "debug unit").

As a result, chesh contends, this same exploit allowed its users to add funds from "dummy" credit card accounts into their PSN wallets, ostensibly giving them the ability to "unlock" (read: steal) certain PlayStation Store content. Joystiq's research into the purported exploit has turned up multiple tutorials detailing the process, which appears alarmingly easy to execute on consoles running the Rebug CFW.

The hack does not allow its users to access the credit card or other personal information of PSN users, chesh adds. Nevertheless, as we reported earlier today, Sony is working to rule out information theft as part of its investigation during the maintenance outage in which the company is also implementing new security measures.

Sony has not yet responded to our request for comment on this story.

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So long story short it rumored that Sony shut down psn due to Mathieu's hints about how to get the 3.60 application keys... and Sony most likely are preparing to stop the early development of any 3.60 CFW's... (story here You must login or register to view this content.)

And the main reason is because rebug CFW's to imitate that of a dev console are being used to download free content (add funds to accounts) on the PSN store

edit- misread title .

copy+paste

can haz +rep now kay:

Are you kidding me? You do not know what plausible mean?

Possible isn't in the paragraph or title?

lol whoops i thought you meant possible my bad kay:

You sir, are winning harder than Charlie Sheen!