Sony is insisting that the latest hack for the formerly impenetrable console can be fixed.
In a brief statement released to tech mag Edge, an unnamed Sony spokesperson said, "We are aware of this, and are currently looking into it."
Both fail0overflow - the hacking group which first discovered the private software signing key - and George 'Geohot' Hotz - who publicly released the code - are adamant that Sony will never be able to bypass the hack because the key is hard coded in the console's hardware.
Sony, on the other hand, thinks otherwise. "We will fix the issues through network updates, but because this is a security issue, we are not able to provide you with any more details,” it said.
Whether Sony has an as-yet-undiscovered trick up its corporate sleeve remains to be seen but, until then, the words of fail0verflow member Pytey must be ringing loud in its ears: "The complete console is compromised – there is no way back," he told the BBC. "The only way to fix this is to issue new hardware. Sony will have to accept this."