As rumored, a jailbreak demo highlighted the Mobile Security Conference (MOSEC) 2017 held in China last week but the presentation was not by Team Pangu. Instead, a new dev team took the stage and teased that iOS 11 can be jailbroken, sparking the likelihood of an imminent jailbreak release based on the still unreleased firmware.

While the presentation certainly generated excitement, Redmond Pie made clear in a report that "this is nothing more than a demonstration at this stage for the security research industry." In other words, the functional jailbreak that was seen on an iPhone 7 running on beta 2 of iOS 11 and credited as brainchild of a security researcher named Liang Chen of Tencent Keen Lab is not assured of seeing the light of the day anytime soon.

For one, the actual iOS 11 release is still a few months away so it "doesn't make sense for anyone to release anything at this stage in the process for iOS 11 and let Apple patch any potential exploits prior to that September release."

And truth to be told, the iOS 11 jailbreak demo is but a representation of stakeholders' "vested interest in the mobile device and platform security." In the end, releasing a solution that is freely available to the jailbreak public is another story.

But likely the more possible scenario is the same group of security researchers will present the same bugs and exploits to interested parties. According to BGR, "some hackers might be more interested in selling their tools to the highest bidder rather than making them available online."

Why so? The simple answer is "hacking iOS can be a very lucrative business," the report added. And that should explain why the iOS 10 jailbreak tool that Team Pangu showed at MOSEC 2016 did not materialize. The same applies to the iOS 10.3-10.3.1 jailbreak that the group had presented in April this year.

But there is still hope for a public jailbreak release as security researcher Adam Donenfeld has promised to share an exploit on iOS 10.3.1 that hacking groups can then use as an opening to crack the firmware.

Or Italian hacker Luca Todesco can do a repeat of his iOS 10 jailbreak feat. Either he can pick up on the 10.3.1 bug that Donenfeld will provide or investigate further on the Liang Chen solution for a possible iOS 11 jailbreak release.