On Tuesday, an unauthorized person—not believed to be employed by the site—gained access to Code Spaces's Amazon EC2 control panel. When the team fought back, the hacker deleted "most of our data, backups, machine configurations and offsite backups," the company said.
More details: http://www.pcmag.com/article2/0,2817,2459765,00.asp
DDoS Attack Puts Code Spaces Out of Business
CodeSpaces.com closed its doors this week, following a 12-hour security breach that completely wiped its servers.