Well, Destiny isn't on PC and neither the PS4 nor Xbone has been 'hacked' yet.
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Cheating still happens on console, people do manipulate their connection to gain an advantage. It's more rampant on PC for sure.
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Ok well lag switching and et cetera isn't hacking. The best Bungie can do is get players to report it and they will look at the reporteds' connection and stuff and eventually punish them. They can't sift through their tens of millions of players looking for cheaters, we as players can help though.