Hacker code of morality that was originally formed by the MIT hackers in the late 1950s to the late 1960s and articulated by Steven Levy in his book HACKERS: HEROES OF THE COMPUTER REVOLUTION. The creed is as follows:

1)Always yield the Hands-On Imperative! Access to computers-- and andything else which might teach you about the way the world works-- should be unlimited and total.
2) All information should be free.
3) Mistrust Authority-- Promote Decentralization.
4) Hackers should be judged by their hacking, not bogus criteria such as degrees, age, race, or position.
5) You can create art and beauty on a computer.
6) Computers can change your life for the better.
While many of the 1960s hackers claim that modern hackers have rejected this code, it has actually strongly influenced all hackers for the last thirty years.
by LarstaiT November 7, 2003
All hackers have the good ethic and respect for machines that do not belong to them. If you do not have this ethic than you are not a hacker you are a cracker.
Hackers only seek information, and knowledge. Using this for good and to advance their abilities.
by Nath November 8, 2004
values or beliefs carried by hackers

some examples: (not nessisarily true for everyone)
- Information should be without restrictions.
- It is okay to mistrust authorities.
- Computers are good.
by hac! July 11, 2008
A term used to denote a person with exceptional skills in computer security that uses them to hack into systems with legitimate reasons and with permission.

AKA, a hacker that is good
John got permission before he broke into Google's server in London, so he can't be tried for any crimes. Lucky bastard, he got away for being an ethical hacker.
by TheDeamon February 10, 2010