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The Xbox 360 Store is closing next year | VGC
(www.videogameschronicle.com)
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this post was submitted on 17 Aug 2023
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Specifically, they’re cutting off purchases of new games - but people can still download games they own.
The PS3, I believe, did this a while back. Up to a point, patching the device’s internet security so that the credit card info isn’t stolen in transit takes more effort than it’s worth. But, letting people still download their games has no real internet security risk.
One question that lingers in my mind though, is whether you can still buy new games using a desktop browser. I think that was something PS3 allowed for for some time.
Purchases of new games on the Xbox 360 console itself. You will still be able to purchase Xbox 360 games on a newer console or their website then download them to your 360 console.
I think it's opposite with the PS3. They kept the option to buy PS3 games because of reactions. But it's only possible through the PS3, so the PS3 games won't clutter PSN.
Authenticating still has a security risk. If they are not going to update SSL/TLS, then they will need to use insecure methods of authenticating with their servers. Plus, if someone can get into your Xbox, it could make the entire LAN that the Xbox is a part of vulnerable. Once you get into one device on a network, it's far more likely that other devices on the network will inherently trust you.
As long as they are able to connect to the internet, they need to keep releasing security patches.