Sony has posted the latest update on the downtime for the PlayStation Network, stating that the service is being rebuilt in order to strengthen security.
We sincerely regret that PlayStation Network and Qriocity services have been suspended, and we are working around the clock to bring them both back online. Our efforts to resolve this matter involve re-building our system to further strengthen our network infrastructure. Though this task is time-consuming, we decided it was worth the time necessary to provide the system with additional security.
Sony has thanked users for their patience to date and has asked for a little more while it moves towards completion of the project.
More updates are to follow when they become available.