Microsoft: 'Unlikely' Credit Card Details Lifted From Xbox 360s

An anonymous reader writes with this excerpt from ZDNet: "Security researchers from two universities say they found how hackers can retrieve credit card data and other personal information from used Microsoft Xbox 360s, even if the console is restored back to factory settings and its hard drive is wiped. Microsoft is now looking into their story of buying a refurbished Xbox 360 from a Microsoft-authorized retailer, downloading a basic modding tool, gaining access to the console's files and folders, and eventually extracting the original owner's credit card information. Redmond is still investigating, but it's already calling the claims 'unlikely.'"

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Re:Microsoft is right

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No reasonable person would cache credit card details. It's not exactly the type of data, regardless of its sensitivity, that would need to be cached anyway. Let's face the real issue at hand: There is a *huge* market for anti-Microsoft "journalism." You monkeys will piss pageviews on anything that makes any absurd claim, and you won't think twice about whether or not it's credible.