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Patch: PSP firmware 5.03 out now update 
Qj.net | by Karl B. | Mon, Jan 19
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So far, no changelog, but firmware 5.03 supposedly includes "a security patch for the PSP's system software." Could this be Sony's answer to the GripShift exploit? Very possible. Stay tuned for more updates.
Update Word on the PlayStation forums is that the update is now live. As Lempell said...
1 bloggers weighed in on a similar topic
13 Months Ago,
Karl B. from QJ.NET says
(in Patch: PSP firmware 5.03 out now update)
So far, no changelog, but firmware 5.03 supposedly includes "a security patch for the PSP's system software." Could this be Sony's answer to the GripShift exploit? Very possible. Stay tuned for more updates.
Update Word on the PlayStation forums is that the update is now live. As Lempell said...
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