Hackers Discover Microsoft Point Generating Algorithm, Cost Microsoft $1.2 Million

With the introduction of modern console’s various online services such as Xbox Live and the PlayStation Network, gamers have been given access to a whole slew of content that they wouldn’t have otherwise had access to. While you’re allowed to pay with real money on the PlayStation Network, Xbox Live requires you to buy Microsoft Points which you can then spend on content like Avatar clothing, new game levels and more. With all of the content available on Xbox Live, wouldn’t it be great if you had access to an unlimited amount of Microsoft Points?

Sure would, which is why a group of hackers took it upon themselves to discover the point generating algorithm and release it to the public by way of a website. The website was apparently so popular that it cost Microsoft $1.2 million worth of virtual goods. Pretty incredible byut if you were looking to get down on the free goodness you’ll be disappointed to hear the website has since been such down.

Now, let’s see how Microsoft reacts to this fiasco.