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EXPLAINED: 'Meltdown' and 'Spectre' — the massive Google-discovered security exploits that have Silicon Valley in a tizzy (INTC, MSFT, AAPL, AMD, GOOG, GOOGL, AMZN)
Spectre
Spectre

Sony/ Columbia

  • The tech world is in a tizzy over "Meltdown" and "Spectre" — two methods of exploiting a security vulnerability found in Intel, AMD, and ARM processors that, between them, threaten almost all PCs, laptops, tablets, and smartphones, regardless of manufacturer or operating system.

  • The exploits were discovered by Google, which warns that an attacker could use them to steal sensitive or confidential information, including passwords.

  • The first wave of patches has already started to go out for Microsoft's Windows 10, Apple's MacOS, Linux, and Android.

  • These fixes could slow down some computers, particularly older ones.

  • Spectre is particularly nasty — there's no real fix for it, and it exploits a fundamental part of how processors work.



Silicon Valley is abuzz about "Meltdown" and "Spectre" — new ways for hackers to attack Intel, AMD, and ARM processors that were first discovered by Google last year and publicly disclosed Wednesday.

Meltdown and Spectre, which take advantage of the same basic security vulnerability in those chips, could hypothetically be used by malicious actors to "read sensitive information in the system's memory such as passwords, encryption keys, or sensitive information open in applications," as Google puts it in a blog post.

The first thing you need to know: Pretty much every PC, laptop, tablet, and smartphone is affected by the security flaw, regardless of which company made the device or which operating system it runs. The vulnerability isn't easy to exploit — it requires a specific set of circumstances, including having malware already running on the device — but it's not just theoretical.

And the problem could affect much more than just personal devices. The flaw could be exploited on servers and in data centers and massive cloud-computing platforms such as Amazon Web Services, Microsoft Azure, or Google Cloud. In fact, given the right conditions, Meltdown or Spectre could be used by customers of those cloud services to actually steal data from one another.

Though fixes are already being rolled out for the vulnerability, they often will come with a price. Some devices, especially older PCs, could be slowed markedly by them.

Here's what Meltdown and Spectre are. And, just as important, here's what they're not.

Am I in immediate danger from this?

There's some good news: Intel and Google say they've never seen any attacks like Meltdown or Spectre actually being used in the wild. And companies including Intel, Amazon, Google, Apple, and Microsoft are rushing to issue fixes, with the first wave already out.