In case you haven’t heard, Sony has released the newest system update for the PSP is now available. Word from PSN Operations director Eric Lempell is that the change is small, but sounds pretty critical:

• New for 5.03: A security patch was added to address security vulnerabilities in the system software.

Naturally, homebrew users will want to stay on top of the CFW, but it’s still good to hear from Sony once in a while. I mean, just once in a while. At least now and then. Right fellas? Actually, word has it that Sony might be trying to maneuver in front of the GripShift exploit.

We’ll keep you updated on that bit of drama as more is revealed, so stay plugged in.

Download PSP Firmware Update 5.03 (US)
Download PSP Firmware Update 5.03 (EU)