Metasploit 3.0 doesn't pwn systems, black hats pwn systems
MSF is designed for automated penetration testing. To that end, it keeps a stable of exploits known to work against specific targets: various releases of Windows, Linux, BSD, generic Unix, and Mac OS. It also runs on many of those same platforms, and has even been seen on a Nokia N800 handheld.
MSF was originally developed by H. D. Moore. Matt Miller and a small number of other developers joined Moore in developing the 2.0 release. The developers formed Metasploit LLC last year for the purpose of "preventing commercial abuse and ensuring the longevity of the project."
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