Error establishing a database connection

Quick question and this could be either a host (GoDaddy) problem or an issue with my site. I tried to update an article and this is the error message:

Error establishing a database connection
This either means that the username and password information in your wp-config.php file is incorrect or we can’t contact the database server at for1104011425686.db.7433054.hostedresource.com. This could mean your host’s database server is down.
• Are you sure you have the correct username and password?
• Are you sure that you have typed the correct hostname?
• Are you sure that the database server is running?
If you’re unsure what these terms mean you should probably contact your host. If you still need help you can always visit the WordPress Support Forums.

Do I need to be worried about hackers and the like or is it a glitch?

Thanks