Sony Protects itself from Class Action Suits in PSN TOS Update

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Sony has recently revised the terms of service for the PlayStation Network. In the newly formed, and legally binding contract that you sign when accepting the TOS of the PSN, Sony has cleared itself of possible future lawsuits stemming from negligence on their part. The amended agreement comes in the wake of hackers taking down the PlayStation Network (and other Sony Online properties), and divulging personal information of their users. The privacy breach was one of the biggest of its kind, with the PlayStation Network (and other Sony properties) containing tens of millions of users' sensitive data.

As outlined in the new TOS: "Any Dispute Resolution Proceedings, whether in arbitration or court, will be conducted only on an individual basis and not in a class or representative action or as a named or unnamed member in a class, consolidated, representative or private attorney general action," which means, you can't enter into a class action lawsuit against the company unless Sony agrees to it.

If these new terms of use for the PlayStation Network don't sit right with you, you always have the option to close your account. Sony has said that if you choose not to accept, they will close your account and return any funds to you.

http://attackofthefanboy.com/news/sony-protects-itself-from-class-action-suits-in-psn-tos-update/

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MUFFPosted:

Icy-TankJr So basically they are forcing to agree to a contract so you won't sue them in the future if an invent of future attacks happen.

correct
and personally i think its good. if your stupid enuff to put your credit card ON THE INTERNET, your asking for it to be opened to the public.
on a general opinion, i think its stupid that you HAVE to agree to all these terms. i stopped reading them i just agree and dont give a shti what happens at any point. i am on playstation network AND xbox live network .i have my credit card on neither of the 2 services.

LaceyPosted:

So basically they are forcing to agree to a contract so you won't sue them in the future if an invent of future attacks happen.