Duplicating Restricted Keys – DEF Con 27
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The speakers discovered several vulnerabilities, including one for Medeco M3 that allows for specific areas of material to be milled off of the blank to create an "all-section" key blank that is valid in any M3 lock's keyway. (The M3 has myriad keyways, including keyways that are site-exclusive.)
It appears that this talk did not get much (if any) media attention. As someone that regularly follows physical security research, this is one of the most groundbreaking talks I have seen recently.