Today has been named as Safer Internet Day. On this occasion Microsoft has decided to take some time to talk to Xbox 360 owners and Xbox Live subscribers about how the company is trying to handle reports of Xbox Live accounts being highjacked. It's an issue that Microsoft and a number of Xbox Live users have been dealing with a lot lately. So far, Microsoft has insisted that the Xbox Live service itself has not been attacked and has blamed the account hijackings on phishing scams and other methods.

Today on Microsoft's Major Nelson web site, Xbox Live's General Manager Alex Garden stated that Microsoft has been very aware of the rise of Xbox Live account attacks, stating:

I can assure you we are listening and continue to take aggressive steps to help protect you against ever-changing threats. We also care deeply about how this ongoing issue affects your experience with Xbox LIVE and your trust in us.
Microsoft talks more about Xbox 360 account security - Neowin.net