Every computer could be vulnerable to this huge new computer bug researchers have found a flaw in very core of computer chip which means almost any recent device could be insecure and give up the sensitive information it is securing. It can affect from phone in pocket to servers helping send information, if exploited the problem would allow hackers into some of the most sensitive parts of important computers, giving access to people’s most personal information. However as this could be done on almost any devices, including phones, laptops and the machines that power the cloud devices that store much of the world’s information. As this flaw was revealed yesterday after having been kept secret by the Google engineers who found it but it seem effect is unclear, now which has emerged as the bug could affect nearly any computer made over the last 20 years – and that fixing it could cause significant disruption across the world.
Intel CEO Brian Krzanich sold off large chunk of his stake in the company last year after chipmaker was already aware of serious security flaws in its computer processors according to multiple reports. Intel CEO Brian Krzanich sold off a large chunk of his stake in the company after the chipmaker was made aware of serious security flaws, according to multiple reports
An SEC filing last November showed Krzanich sold off about 644,000 shares by exercising his options and another roughly 245,700 shares he already owned .That reduced Krzanich’s total number of shares to 250,000, which is the bare minimum that an Intel CEO should own, according to Montely Fool.
However it it’s reported the two bugs are known as Spectre and Meltdown. Spectre can’t easily be fixed, and will need computer chips themselves to be re-designed and made secure; Meltdown can be patched up through an update, while could slow computers down by as much as 30 %. As in companies including Amazon said that they were in the process of issuing fixes for their web services and devices, also noting that most of its infrastructure had now been made safe “This is a vulnerability that has existed for more than 20 years in modern processor architectures like Intel, AMD, and ARM across servers, desktops, and mobile devices”.
Whichever the way but older computers might be harder to update, for many devices – especially those running Android – updates are few, since phone makers are often slow to allow their customers to download new updates.
Google’s Project Zero team said Wednesday that the flaw could allow bad actors to gather passwords and other sensitive data from a system’s memory. The tech company disclosed the vulnerability not long after Intel said it’s working to patch it but that Intel says the average computer user won’t experience significant slowdowns as it’s fixed.
Both Intel and Google said they were planning to disclose the issue next week when fixes will be available. Tech companies typically withhold details about security problems until fixes are available so that hackers wouldn’t have a roadmap to exploit the flaws. But in this case, Intel was forced to disclose the problem Wednesday after British technology site The Register reported it, causing Intel’s stock to fall.
Google says it also affects other processors and the devices and operating systems running those reports as per CNBC and independent.