George Hotz, the popular hacker who is widely known as GeoHot in the jailbreak circles has made Sony’s PlayStation 3 security key public that could enable users to install custom firmwares and games on their console without going through the Sony platform. Thanking the German hacker group, Fail0verflow who discovered the exploit, Hotz wrote on his blog,
“props to fail0verflow for the asymmetric half. no donate link, just use this info wisely. i do not condone piracy”
The security keys are significant in that it is assigned to every legit application and is used by Sony to verify if any particular application the user is trying to open is legitimate or not. By making this security key public, software pirates can open copyrighted gaming applications illegally.
Sony is yet to acknowledge the issue and we hope they act soon enough to minimize the damage caused.