Major Nelson, aka Larry Hryb, ‘Xbox Live Director of Programming’ in the Xbox Live product group, just posted on twitter a link to Xbox.com with some valuable advice on keeping your Xbox LIVE account safe.

What is Unauthorized Access?

How are accounts compromised today?

Account Sharing - Do not share your Windows Live ID password with others.

Phishing Scams - Do not reveal your login credentials or other information about you or your account(s).

Gamerscore Boosting sites - should be avoided

Email and Web Site Phishing Example

Social Engineering - Do not reveal personal information about yourself or your accounts.

How to Secure Your Account

How to keep your Windows Live ID secure - Microsoft and Xbox will never ask you for your Windows Live ID password in email, Instant Messaging or over the phone. Enter your Windows Live ID password only at known Microsoft sites or through the Xbox console.

How to help protect yourself online

Remember, your gamertag is your online identify on LIVE and should be protected just as you would your ATM pinor other persoanl information  In someone else's hands you risk your account and possible financial obligations, play it safe and never give out your gamertag account information.  Lots of people complain about they’ve been hacked on LIVE when in reality they’ve chosen to share information with others or have passwords that are easily guessed.