Valve hack just a false alarm, sort of

It would appear that a hacker's proclamation (and proof via screenshots) that he had gained access to all of Valve's internal files has been uncovered as false. In reality, he reportedly hacked a third-party site that deals with Valve's Cyber Café billing program, which nearly eliminates the fear Valve's customers had about their private information finding its way into unwanted hands. Valve marketing director Doug Lombardi told TG Daily, "The alleged hacker gained access to a third-party site that Valve uses to manage the commercial partners in its Cyber Café program. This Cyber Café billing system is not connected to Steam. We are working with law enforcement agencies on this matter."

Link: Forum Discussion (Thanks Al)
News source: TG Daily