Xbox Live Security
Despite some recent reports and speculation, I want to reassure all of our 6 million Xbox Live members that we have looked into the situation and found no evidence of any compromise of the security of the Xbox Live Network or Bungie.net. There have been a few isolated incidents where malicious users have been attempting to draw personal information from unsuspecting users and use it to gain access to their LIVE account. This is a good time to remind our members that they should never give out any of their personal information. Additionally it may be a good idea to download this free PDF file from Microsoft.com ' Help Protect Yourself Against Identity Theft’ that gives you some excellent information and tips on how to protect yourself.
Hope that clears things up.
Major/Larry
I am locking comments on this post, since I have posted an update.