Hackers release PlayStation 3 custom firmware, LV0 decryption keys

Two years ago, the PlayStation 3 was hacked. After a series of patches, Sony was able to fix the security flaw through which was being exploited by hackers to install custom firmware on the machine. Now, according to Eurogamer, the PlayStation 3 has been hacked once more with a new custom firmware released, with PlayStation Network enabled. The release of the custom firmware was followed by the release of the LV0 decryption keys, which according to some developers, gives complete access of the machine to anyone aiming to tinker with it.Sony will obviously be plugging the holes in the security of the machine in the upcoming 4.30 update, but the hack poses some serious problems for the company. But the major issues come from the release of the LV0 decryption keys which will allow hackers to break through any new security that Sony will set up through new firmware updates.Click here for full story