Microsoft Investigating Xbox Live Hackings

Microsoft is investigating claims made on several Internet forums that hackers are breaking into customer's Xbox Live accounts and using their accounts to purchase premium content and steal personal information, the company confirmed in a statement to the press on Wednesday. Saying "security is a top priority," it will look into any report of hacking it receives.

Gamers had been complaining that the Redmond company has not taken their complaints of break-ins seriously, either telling them to complain to their credit card companies or claiming they could not do anything about the problem. It is currently unclear as to how hackers are gaining access to the accounts, however some are speculating users are being tricked into giving enough of their personal information to facilitate a break-in.