Update: The exploit has officially been released to the community and can be seen at http://geohotps3.blogspot.com/

Sony’s PlayStation 3 was launched a little over three years ago. It only took the hacker 5 weeks to successfully hack into the system and get read/write access.

The hacker is George Hotz, the same man who first hacked the iPhone 2G. Hotz is not revealing the exploit, as he does not want Sony to release a patch to correct the error.

I have read/write access to the entire system memory, and HV level access to the processor. In other words, I have hacked the PS3. The rest is just software. And reversing. I have a lot of reversing ahead of me, as I now have dumps of LV0 and LV1. I’ve also dumped the NAND without removing it or a modchip.

 

For more on this story, follow George on Twitter.

Source: Inquisitr