Seems like both.

Originally arrogant or ignorant t, I'd say, and now damage control for their stock already out in the wild.

I would reckon they would change it for a v2 but they need to recoup costs first, but I could be wrong.

Absolutely arrogant. Either they're producing a lock without doing the least bit of research to uncover the easiest, most basic attacks, or they know about them and don't care.