It took many years for Spectre and Meltdown to be discovered, and that was for CPUs affordable for individuals.
How many security researchers are even familiar enough with the concept of a mainframe to consider looking for an LPAR breakout, let alone have access to the necessary hardware?
Also consider: anyone with access to a mainframe will never ever get approval to try to hack it because companies that have mainframes will never want the risk of accidentally breaking the host in some way.
How many security researchers are even familiar enough with the concept of a mainframe to consider looking for an LPAR breakout, let alone have access to the necessary hardware?