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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