Sony PS3 hacked "for good" - master keys revealed

[Jack]

Perhaps "hacked" is the wrong word, because it can imply both criminality and lawful exploration. But we'll stick with "hacked" here, in the sense of "some reverse engineers have figured out how you can adapt, or jailbreak, your PS3 to make it interoperable with software of your own choice."

The PS3 has been hacked before, but Sony was able to inhibit the hack with an update to its own firmware. This is much like the history of jailbreaking on Apple's iOS, where hackers typically uncover a security vulnerability and exploit it, whereupon Apple patches the hole and suppresses the jailbreak.

But the latest PS3 break is being dubbed unpatchable and the final hack.

That's because this hack isn't giving you an exploit to use against a programming hole. It's giving you Sony's so-called LV0 (level zero) cryptographic keys.

The PS3 system software loads up as shown in the picture below:

Read more: http://nakedsecurity.sophos.com/2012/10/25/sony-ps3-hacked-for-good-master-keys-revealed/

 

[Exterminator]

Hmmmmm and right before the release of Black Ops 2{if there is a way around the console ban}.Time to start buying PS3's on ebay **strictly for educational purposes**.It was only a matter of time before this was done.

**Just to update: This is legit I have seen the keys personally.There is no way with the current console for Sony to fix this, they can change the codes now all they want, the LV0 Key has to remain the same so that the console can decrypt future firmware updates.
Though they could try to change it in a final stage of an update reboot, and force another update to load the new key and test the encryption. What is the point. its only a very short matter of time before the hackers decrypt the new version and have the keys again.
Once the software has been finished you will be able to make your own installs and run backups of games from an HDD