The PlayStation Network is currently down for some users. People from various regions around the world began reporting the issue about an hour ago across multiple sites, such as Reddit and Twitter, following the appearance of the nw-31201-7 error code. The PSN’s status page has since changed to reflect this issue, now reading “Experiencing Connectivity Issues”.
The Ask PlayStation Twitter has received a flood of tweets regarding the problem, but they have yet to provide any substantial information. At this time, the Ask PlayStation Twitter page has stated that they “don’t have an estimate time” of when the PSN will be back up and that they are “working to solve the issue as soon as possible”. Anyone experiencing problems with the network is encouraged to “try again later”.
You can keep up on the status of the PlayStation Network on the official status page here.
Update: Sony says that PSN services have been restored.