Warez meaning

(soft "wares") Pirated software distributed over the Internet. A warez site may also provide hackers with viruses and Trojans as well as tips, techniques and scripts for gaining illegal entry into networks and systems. It may also offer ways to cheat at online games. In other words, a fun site. See crimeware, software piracy and script kiddie. See also wares.
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(Internet slang, leetspeak) Illegally obtained or compromised software.

Hey dude, I've got some cool new warez!

noun
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(Internet slang, leetspeak) To obtain a copy of (software or other works of authorship) illegally.
verb
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Origin of warez

A leet form of "wares", as a contraction of "software".