Hackers put IM in their sights
Source: ZDNet
A hacker named Methodic spotted a hole in America Online's instant messaging system, so he penned a program to crash the chat program of any AOL "buddy" he targeted.
Luckily, Methodic wasn't a malicious hacker, and he settled for just proving a point: Instant messaging systems used by millions around the world are vulnerable to the same types of lightning attacks spread by e-mail causing billions of dollars in damages.