The application named the PS3 Unlocker works with a jailbroken PS3 console, and has been confirmed working by numerous persons throughout the PlayStation community. In an attempt to not promote the jailbreak further, we will not disclose the source of the info, but games such as Batman Arkham Asylum and Resident Evil 5 are resistant to the hack. So not all games can be hacked at this point.
Sony issued a statement in response to this. "We are aware of this, and are currently looking into it. 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."