[Source Kotaku]

The PS3 May Have Just Had Its Front Door Kicked In

Forget jailbreak devices; the same team who broke the Wii wide open now claims to have done the same for the PlayStation 3, leaving Sony's console at the mercy of homebrewers and pirates alike.

During proceedings at the 27th Chaos Communication Conference, a group of hackers gave a presentation called "PS3 Epic fail". You can see where this is going. Sparing you the overly-technical explanation, the team claim to have found the PS3's "private cryptography key", a skeleton key of sorts for the console that would allow users to install and run their own code on the machine.

It's hoped that tools allowing the installation of Linux - something Sony blocked earlier this year - will be released by the group next month. And from there, the sky - or, at least, a ton of pirated and homebrewed games - is the limit.

Hackers obtain PS3 private cryptography key due to epic programming fail? (video) [Engadget]

A PS3-negative thread created by twesterm?

You don't say...

poor Sony, this is really bad

and i'm sure Sony's hardcore games will suffer more loses than what Nintendo's games did suffer due to piracy

I think the real epic fail here is that it took them four years, and they are trying to pass it off as if Sony just sucks at preventing hackers.

Some may say it is for the good of the community, but that doesn't get rid of the legions of hungry pirates waiting to pounce.

ironic i thought your studio had a trick with pirated Ghostbuster versions, are you supporting it now ?

How is this negative? 

Actually, looks like my second post didn't go through (I probably didn't wait the 30 seconds) which does make it look less negative...

I'm actually a little upset if this is true, one of the really good things about the PS3 is its games don't get pirated.

I think supposedly on the PC version if you cracked it or whatever, some bosses were unkillable, scuttlers pretty much destroy you, and you can't wrangle gargoyles.  I actually have no idea how true all that is but I do think stuff like that is awesome if true.

And no, I don't support piracy in any form, I'm only posting relavant gaming news on a gaming website.  Don't shoot the messenger. 

You are?Thought you don't like the PS3?

It's not my favorite console but that doesn't mean I want to see it hacked and pirates get a chance to pirate even more games.

http://gamrconnect.vgchartz.com/thread.php?id=122045&page=1&str=1511085664#

I posted it yesterday, but this deserves as much coverage as possible.