SWTOR Action Being Taken Against Exploits and Cheats

Bioware has been banning accounts for violation of Terms of Service in relation to "speed hacking"

"With Game Update 1.2, new measures were put in place to improve our detection of exploits, particularly in relation to 'speed hacking' and teleport cheats. With the help of this improved detection, we recently took action against hundreds of game accounts. In many cases these accounts were permanently removed from the game after being investigated by our Terms of Service team, who double-check every detected account to ensure fair rulings."

Source: SWTOR Blog