Microsoft has just confirmed that a group of hackers have indeed accessed the Xbox Live accounts of several of its past and present "high-profile" employees From Engadget:

Evidence pointing to hacking collective Team Hype's alleged involvement surfaced when videos depicting its efforts were found online; videos that demonstrated the group's reported use of illegally obtained Social Security data to gain access to and sell off Xbox Live user accounts. According to Microsoft's recently issued statement, the company's working with authorities to "disable this current method" and cut off the possibility of future attacks.

 Microsoft execs' Xbox Live accounts hacked, investigation still underway