It's not, this is the general type of hacking that xbox live actually suffers on a much more common basis than some imagine, But its contained, it always tends to be direct attacks at a sole individual.

I have had my account hacked a couple times now, but not lost money luckily, normally if they can't get money they go on a rude messaging rampage to get you banned for a bit. I have been with live for many many years now though so your bound to have a snag here and there. Its unlikely to turn into something bigger, because it is unlikely down to a hacking group, if it were it would be a different matter

But like the guy above said, its hardly a hack, sometimes a hack is needed though to gain the vital info

Most likely phishing can happen to anyone on any network xbox live and psn alike. People need to be more careful with their details as it can lead to this. Also make sure xbox live/psn has a unique password and Id and only enter it on official sites.

Wasn't XBL breached back in 2007? Due to some flaw with Bungie.net and XBL anywhere, it was reported by a security firm that XBL accounts were being hijacked. MS released a statement a week after the news broke saying they'd "look into it" and nothing more was ever said about it.

Of course, it's Microsoft. They've been covering up security breaches with Windows since PC's became popular, and Internet Explorer had security flaws you could drive a truck through a few years ago. God knows they should be good at glossing over security breaches by now.

No one in their right mind wants to see a console get hacked, but it's not like the 360 is impervious.

lol@ all the people disagreeing hoping it is serious.....i am now happy i laughed at you guys when GEO and ANON mashed you guys to oblivion.

On XBL I see TONS of people in black ops that have their created emblem as the anon mask. I will see at least 2 a day if I play black ops on 360. While on the PS3 I have only seen 1 person have the anon mask.

What does that lead me to believe? Well most of the people in the anonymous hacking group are probably on the 360. If that is true then they wouldnt take down XBL but they might take users passwords and buy stuff from their account.

This happened to me a month ago. I called in to Microsoft and they had already froze my account and credited my bank account. They said it didn't put my credit card info in jeopardy but I left my account frozen and will probably just use points cards. It sucks this stuff happens.

Microsoft wouldn't of had paypal if Sony's PSN hack wasn't a wake up call for them and a load of other companies/developers.

XBOXlive is an online service. Therefore it can be hacked. The real question is how easy is it to hack XBOXlive?

"Microsoft is smart about things"
looks at all Windows OS and pretty much every other software and hardware they have made, yep real smart -_-.

Everything from MS has been hacked. Reason for PSN attacks was due to Geohotz being sued. it was the fact that Sony provoked a group that got them to be hacked.
According to this hacker it isn't as secure as you think.
http://www.joystiq.com/2011...

Nothing is unhackable. Lets just hope it stays unhacked though.

Every company - including "smart" Microsoft - acknowledges & accepts that there's no such thing as security that's "un-hackable". Think I'm lying? I'm downloading 8 security updates for Windows 7 right now.....

if the government can get hacked, im pretty sure microsoft would be a cake walk for hackers, i dont want to see it happen, but odds are it will or already been

@Raven
Thank you for typing and clicking submit on your comment. There are so many angles, so much misinformation...it's web comment gold. Thank you sir.

Wait wait Raven is that a challenge you're issuing to anon??Just member be careful what you wish for xDD.

the actual PS3 console was thought to be un hackable
then when it did get hacked
look at how badly it got hacked