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1.
A person who exploits an unfair advantage, typically in an online game.

See Fender
Fender is a dervish exploiter.
by IAMSODOT March 17, 2004
 
2.
Typically amateur attackers known as "script kiddies" who gather victim computers (referred to as "roots") that can be used to host a phishing site or a spam relay. In some cases, exploiters will break into credit card databases directly to harvest credit card data, skipping the phishing stage entirely.
Exploiters have an important role in the Internet Black Market.
by icywithmylittleeye July 14, 2008
 
3.
One who exploits. In computer games, it refers to someone who takes advantages of bugs or design flaws to gain an advantage. aka "cheaters".
"That guild is nothing but exploiters, they found some bug that gave them a bazaillion gold coins."
by PecosBill May 27, 2003
 
4.
The guild: Karate Apocalypse.
I was just griefed by Karate Apocalypse
by KaPAC December 16, 2004