Hackers claim complete PS3 crack

Speaking at the 27th Chaos Communication Conference at the end of December, the hacker team Fail0verflow said that “PlayStation 3’s internal security scheme is a shambles, with all of its major anti-piracy features fails abysmally”. The system is so vulnerable that hackers now have the exact same privileges as Sony in deciding what code can run on the console.” Fail0verflow further claims to now be in possession of all of the encryption keys Sony uses and can create DLC-style packages that will run on any PlayStation 3, including custom Firmware upgrades.

Last year, similar news by PS3 homebrew jailbreaks, such as PS Groove and PS Jailbreak surfaced, but several firmware updates made them obsolete.

However, if Fail0verflow’s claims are legit, it would mean that users would now be able to develop homebrew apps, bootloaders and more, and digitally sign them to the PS3 with no risk of a Firmware update to sign them off. The publication of the codes could also have major implications for piracy as users now would be easily able to run downloaded games on PS3 avoiding any restrictions put up by Sony.

A certain PS3 developer, though angered by this complete cracking of PS3, is optimistic that this would boast hardware sales. “It may actually be good for PS3,” said the coder, speaking off the record. “Remember PS2 was massively pirated too.”

Indepth info of this fiasco can be found at Digital Foundry here

It is now only pivotal to wait for Sony’s response on this loosing war against piracy.