The encryption that protects Blu-ray movies, known as HDCP, has been compromised. The master key held by Intel got leaked, so I guess it's fairly trivial now to decrypt and capture Blu-ray streams.
Link
I think it's funny that Intel is still calling HDCP a "legitimate" form of protection. To use the classic car analogy, it's as if a master key to every late-model car out there is now available for you to pick up, if you know where to find it.
The lesson: security through obscurity just doesn't work. Sooner or later, someone's gonna spill the beans or figure it out.
Link
I think it's funny that Intel is still calling HDCP a "legitimate" form of protection. To use the classic car analogy, it's as if a master key to every late-model car out there is now available for you to pick up, if you know where to find it.

The lesson: security through obscurity just doesn't work. Sooner or later, someone's gonna spill the beans or figure it out.