Yes it is. NCSoft/Guild Wars was accused of the same type of thing several years ago. People even said they knew of the methods used to hack accounts. After investigation, it turned out to all be bogus, helped along by trolls and paranoid gamers who pretended to be hacked in order to get the company to fully investigate the matter. At the end of the day, the reason for the spike in hacks was because a large French gaming community forum was hacked, and the emails + passwords were sold to a group of account thieves, and they were able to log in to some of the accounts using the exact same emails/passwords. If you want to actually see the facts on account hacking, you can read this post here, from one of the most famous game hackers around:
Completely irrevelevant. But nice try troll.