Summary: Microsoft's inability to get security right costs the customer a lot, literally

The Xbox business has been a disaster for years, but we have not covered it for about a year because we decided to shift focus to more urgent matters. But there is this interesting news that affects Xbox users:

GAMERS USING Microsoft's Xbox Live online gaming service have been hit by scams resulting in millions of stolen cash.

Thousands of accounts have been hacked by scammers conning users into giving up sensitive details in return for rewards, reports The Sun. Users in the UK apparently have lost €£100 on average but some have been swindled out of up to €£200.

More here:

Thousands of Xbox Live users have fallen victim to a phishing scheme perpetrated by online thieves.

The scam entailed sending emails to users directing them to a phoney website offering free Microsoft Points. To redeem the points, individuals were asked to enter confidential information, allowing the criminals to access their bank accounts.

This is not the first incident of this kind. It's just the reliability Microsoft is able to assure (or not). Thanks for readers who pointed this out to us. ⬆