[rohare] has an interesting teardown for us over on the keypicking lock picking forums. It’s a Masterlock combination lock – specifically the Masterlock 1500eXD – and yes, it’s a completely electronic lock with buttons and LEDs. Think that’s the mark of a terrible lock? You might be surprised.
The first impressions of this lock were surprisingly positive. It was heavy, the shackle doesn’t move at all when you pull on it. Even the buttons and LEDs made sense. Once the back of the lock was drilled open, things got even more impressive. This lock might actually be well-built, with a ‘butterfly’ mechanism resembling a legendary padlock, actuated by a small but sufficient motor. Even the electronics are well-designed, with the programming port blocked by the shackle when it’s closed. [rohare] suspects the electronics aren’t made by Masterlock, but they are installed in a very secure enclosure.
The teardown concludes with a fair assessment that could also be interpreted as a challenge: [rohare] couldn’t find any obvious flaws to be exploited, or a simple way to break the lock. He concludes the most probable way of breaking this lock would be, “knowing some trick of logic that bypasses the codes on the electronics”. That sounds like a good enough challenge for us, and we’re eagerly awaiting the first person to digitally unlock this physical lock.