"It is important to note that this method is dependent on malware running locally which means it's imperative for users to practice good security hygiene by keeping their software up-to-date and avoid suspicious links or downloads", said the company in its briefing note.
Intel has vowed to fix two catastrophic bugs that have left almost every modern computer and smart device vulnerable to being hacked. "Intel encourages computer users worldwide to utilise the automatic update functions of their operating systems and other computer software to ensure their systems are up-to-date". Side channel analysis exploit gives cyber attackers the ability to observe the content of privileged memory, which exploits a speculative execution to go around different privilege levels, Intel explained. He now holds only the minimum number of shares he's required to own.
This also gives an opportune moment for AMD, as they have claimed that they will definitely be "taking advantage" of Intel's messy security fallout. Android devices with the latest security update, published earlier this month, are protected, while online services like Google Apps, G Suite, and the Google App Engine require no user action. However, we know from the researchers who discovered Meltdown that the bug affects Intel CPUs at least as old as 2011, and potentially all the CPUs Intel has built since 1995, with a few exceptions.
In the case of some discrete workloads where the performance impact will initially be higher, Intel expects the impact to be reduced by additional post-deployment identification, testing and improvement of the software updates.
The company didn't respond to inquiries about the timing of Krzanich's divestments, but a spokeswoman told MarketWatch it was unrelated to the security flaws. Researchers found the flaws, named Meltdown and Spectre, are related to how the chips are designed.
"Intel is committed to product and customer security and is working closely with many other technology companies, including AMD, ARM Holdings and several operating system vendors, to develop an industry-wide approach to resolve this issue promptly and constructively", the company said in a statement.
Meltdown, Spectre chip level flaw: Intel says it is rapidly issuing updates for all computers, servers powered by its processors. The platforms such as Microsoft's Azure and Amazon EC2 will be mostly affected.
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