Sony CEO Howard Stringer is feeling the heat over the recent PlayStation Network attack, as Reuters reports that shareholders have begun pressuring the exec to step down.

At an investors meeting in Tokyo, Stringer dodged the request to step down, shifting attention to a global hacking crisis. Stringer believes the situation is bigger than any one company can handle:

“If hackers can hack Citibank, the FBI and the CIA, and yesterday the video game company Electronics Arts, then it’s a negative situation that governments may have to resolve,” said Stringer.

If Stringer does decide to step down from increased pressure, PlayStation boss Kaz Hirai will likely be his immediate successor, who was promoted to oversee Sony’s entire Consumer Products unit last March.

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Read more: Kaz Hirai To Be Named Sony President,  Kaz Hirai To Helm Sony’s Consumer Products Division,  Stringer: Innovation Is Next,  PSN Rebounds Post-Hack, Sales Better Than Ever Says Sony CEO,  Sony Turned Off PSN Services To Investigate ‘External Intrusion’