A hacker who made his name by being the first to break Apple's iPhone 3.0 firmware is claiming to have been the first to hack Sony's until-now piracy free PS3.
The hacker community is taking these claims far more seriously than similar statements made earlier this month.
Writing on his blog, George Hotz stated: Three years, two months, 11 days... that's a pretty secure system.
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. As far as the exploit goes, I'm not revealing it yet.”
Hotz goes on to claim that the nature of the hack means that Sony may have difficulty closing the loophole via firmware updates. If true the news could prove a big blow for PS3.