Whilst it has been known for a while that the PS5 had an exploit lying around waiting to be played with, nothing was actually done about it until SpecterDev released a kernel exploit earlier today.

Here is a video of it in action by Lance McDonald

You can get the exploit from here, there are instructions on how to set it up/use it:
https://github.com/Cryptogenic/PS5-4.03-Kernel-Exploit

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