Here's an interesting analysis of the $31 Million Ethereum Hack. http://medium.freecodecamp.org/a-hacker-stole-31m-of-ether-how-it-happened-and-what-it-means-for-ethereum-9e5dc29e33ce From a technical standpoint, it appears as though the software developers who built...
Hack
A computer hacker is a computer expert who uses their technical knowledge to achieve a goal or overcome an obstacle, within a computerized system by non-standard means. A Hack is a quick fix or non-standard way to achieve your goals

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