Intel shares fall as it shares details of three more chip flaws

Intel shares fall as it shares details of three more chip flaws
Written by:
Ilona Billington
15th August 2018

Intel shares closed in the red Tuesday, as the chipmaker disclosed details on the discovery of three more flaws in its chips. Foreshadow is the name of the latest group of chip problems that leave some of the company’s most popular chips and processors open to abuse.

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Intel did say, however, that updates would help mitigate the problem and that to-date, it wasn’t aware of any actual real exploitation of its chips through the flaw.

Intel shares ended the US Tuesday trading session 0.68% lower at $48.12. The stock has been trading broadly lower in recent weeks.

Intel chip flaws

In a blog post Tuesday, Intel shared this latest update on the flaws in its chips.

“Today, Intel and our industry partners are sharing more details and mitigation information about a recently identified speculative execution side-channel method called L1 Terminal Fault (L1TF),” said Leslie Culbertson, Intel’s executive VP and general manager of Product Assurance and Security.

The company has released new updates, which, when teamed with previous updates earlier this year, should mitigate the potential problems. And, they should do that without slowing down or affecting the performance of your tech.

In addition, Intel said that while they were aware of these new problems, they weren’t aware there had been any instances of them being exploited.

“We are not aware of reports that any of these methods have been used in real-world exploits, but this further underscores the need for everyone to adhere to security best practices. This includes keeping systems up-to-date and taking steps to prevent malware,” Culbertson said.

Foreshadow targets a different potential weakness

The three new flaws Intel has discovered and shared, are a different to the previous issues of the Spectre and Meltdown problems.

Foreshadow can be used to exploit the way many of Intel’s processors work to keep certain data secure. And, according to a Wired report, researchers who delved into the problem said they were surprised by how much data they were able to retrieve.

However, Intel is already releasing updates that should work to minimise the problem. And, it’s no doubt also working on creating chips and processers that are less open to this problem, too.

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