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Ok Basically this is showing that Sony cares about their network.

These are the main things they are recently working on:

Act with care and caution.
Provide relevant information to the public when it has been verified.
Take responsibility for our obligations to our customers.
Work with law enforcement authorities.

Now this is very important because if they actually do what they said in their update a 90% chance that the PSN will never be hacked again

They are enhancing their Security System to be better than the Xbox from what i understood. This is a major comeback for Sony

They have confirmed the team Anonymous hacked their system and said that the credit card info hasn't been breached confirming from Major Credit Card companies.

This is the Welcome back present for Us PSN users:

Includes free downloads, 30 days of free membership in the
PlayStation Plus premium subscription service; 30 days of free service for Music Unlimited subscribers; and extending PlayStation Plus and Music Unlimited subscriptions for the number of days services were unavailable.

A little update on when PSN will be back up:


We are working around the clock to have some PlayStation Network services restored and we’ll be providing specific details shortly. We hope this update is helpful to you, and we will continue to keep you posted as we work to restore our network and provide you with both the entertainment and the security you deserve.

Woop ps3, just wish i didnt get banned from black ops for nothing