edpin writes "University of Colorado at Boulder students hacked the 30,000-plus-member Internet Chess Club as part of research funded by the National Science Foundation. With guidance from University of Colorado at Boulder computer security researcher John Black, two students reverse-engineered the service to up their ranks and steal passwords." Update: 10/10 23:05 GMT by T : Reader Bryan Rapp points out that this story duplicates the one posted last month -- sorry about that.
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