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AMD CEO on chip security flaws: ‘We’re absolutely all over this’

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GOOG, GOOGL), discovered two major security flaws — dubbed Meltdown and Spectre — which hackers could potentially exploit to get their hands on users’ private data.’ data-reactid=”17″>Su’s comments arrive on the heels of news last week that three groups of researchers, including a group at Google (GOOG, GOOGL), discovered two major security flaws — dubbed Meltdown and Spectre — which hackers could potentially exploit to get their hands on users’ private data.

AMD CEO Lisa Su tells Yahoo Finance the Austin, Texas company is quickly working towards a solution for the Spectre security flaw.

“To clarify, for Meltdown, AMD is not susceptible,” Su said. “We don’t have a susceptibility to that variant. But with Spectre, AMD is susceptible.”

INTC) computer processor made starting in 1995 is vulnerable to both Meltdown and Spectre — a situation Intel CEO Brian Krzanich said, during a CES 2018 keynote, would be addressed within the next week or so.’ data-reactid=”32″>AMD’s stock has largely recovered since Tuesday, likely in part because far fewer of its chips are vulnerable in comparison to Intel. Nearly every Intel (INTC) computer processor made starting in 1995 is vulnerable to both Meltdown and Spectre — a situation Intel CEO Brian Krzanich said, during a CES 2018 keynote, would be addressed within the next week or so.

Intel’s stock has plunged more than 7% this year since the news first hit, in part because its chips are vulnerable to both security flaws but also due to its relative lack of transparency with the public.

Meltdown and Spectre represent two of the largest, most fundamental flaws in computer processor designs in the past 20 years. In the short-term, computers with Intel chips are more likely to suffer from performance issues, leading to compromised servers for cloud platforms, however, it’s still unclear what the longer-term, more far-flung ramifications are for computer users overall. But for AMD and Intel, moving quickly to address these security flaws is vital not only for its stock but more importantly, in maintaining trust with computer owners around the world concerned for their data security and privacy.

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Source: https://finance.yahoo.com/news/amd-ceo-chip-security-flaws-absolutely-211517325.html




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