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They don't have to publish a working exploit as soon as the embargo is broken, though.
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Perhaps, but if the exploit code is published folks can double-check that they implemented the mitigations properly.

If there's no PoC, how can you really be sure?

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anyone who will use the exploit maliciously will immediately and trivially be able to create a working exploit.
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An exploit was already published.
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Why not? There has already been a working exploit floating around, at least now it comes from an authoritative source.
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