The trend of innovation in the technology sector is uprising and chip manufacturers have been making chips lighter and optimized for many functions. As new technologies are hitting the market, hackers have been upgrading their skills and knowledge to hack into them. Sometimes, hackers do not have any idea about the flaw present in the chips and manufacturers fix it before there can be any major thefts and disruptions. Intel discovered two major vulnerabilities at the beginning of this year, Meltdown and Spectre. There were reports swirling around that it lowered the speed of computers and the chipmaker instantly released an update. Though tech giants and their customers including Apple, Google, and Amazon reported no or less impact on performance, they continued using their chips after the upgrade was received. This alertness saves a lot of information from theft along with the reputation of the company.
Similarly, Intel, one of the largest chipmakers in the world found another flaw to attack computers recently. However, it has found measures to counter this flaw and the fix has been in place. There was no incident or evidence of the flaw being used to hack computers, according to the statement released on the website.
“We have not seen any reports of this method being used in real-world exploits,” said the company in the statement on its website. “Moreover, there are multiple ways for consumers and IT professionals to safeguard their systems against potential exploits, including browser-based mitigations that have already been deployed and are available for use today.”
Earlier this year, Intel revealed two vulnerabilities impacted devices such as phones, computers, and others. These flaws offered illicit access to significant information such as encryption keys and passwords which were guarded by hardware. The widespread concern was raised, and its shares took a plunge by two percent due to issues related to reputation damages and financial liability. A lot of customers complained that hardware slows down the performance in machines and they need to buy new devices. However, Intel clarified that the flaws did not occur due to design flaws and users need to download security patches and update their operating systems.
This new flaw was related to Meltdown and Spectre flaws. The probable way to exploit the flaw was to gain access to information through code run on a web browser. The chipmaker outlined that fixes to original issues have been closed off for those trying to gain illegal access. In addition, the company has taken more efforts to make machines safer. If patches are used, the computers will be 2-8% slower, found Intel.
The company has provided detailed information about the Intel products which may be impacted by this vulnerability on its product security center page, along with white papers and other resources that offer assistance to IT professionals determine the level of risk in their environment. Moreover, it has updated its security first website with addition of a list of new Frequently Asked Questions to help those who need more information regarding the flaw. Protection of customer data has always been the priority of every company. The alertness by Intel is appreciable.