Hacks, on EVE Online, are clear violations of the terms of service for using the game and maintaining an account. If you're considering doing an EVE Online hack, understand that everything you're doing can, and ultimately will, result in your account being shut down. You won't get a refund of funds played, the account will get shut down, no questions asked or answered. That little "I agree" button you clicked when you set up the account came at the end of a license agreement that spells out the penalties in full measure.
That being said, if you think you can get away with it (you can't), there are a few EVE Online hacks that work for short periods of time, and can be used to close the gap on other players.
The first hack is using database analysis tools whenever a new patch comes out to go sniffing for universe database exploits. You need a hex editor and some decent technical knowhow to make this work, but you're basically trying to use the database files downloaded to your computer to "sniff" for new sectors or changes to existing sectors, to find the resources before everyone else does. This requires that you be one of the very first people out there to download a patch, and requires enough additional work that the benefit is probably pretty minimal. Related to this is trying to find malformed tables in the download for exploits - sometimes, these can be treated as invisible gates to new regions. Beware - sometimes those gates are one-way gates and you may get stuck in a place with no way home.
The second hack is trying to compromise another player's account, to steal in game resources. This is definitely risky in terms of account deletion. It's also risky in terms of actual, honest to god fraud. Doing this EVE Online hack can actually put you behind bars, because it's considered electronic funds fraud, even by proxy or remove. So before you try doing EVE Online hacks, think very carefully about the consequences of getting caught.
All in all, trying to do EVE Online hacks is a great way to get your account nuked and lose all the fun of playing this great game with 500,000 of your fiercest competitors on a 5,000 star galaxy. You won't enjoy the rewards if you cheated to get them, so do it honest. EVE Online hacks are cheating, and cheaters never prosper.
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