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Intel CEO praises tech industry response to chip flaws

Intel's CEO says the tech industry has done a "remarkable" job responding to the embarrassing computer chip flaws tha...

Posted: Jan 9, 2018 12:18 PM
Updated: Jan 9, 2018 12:18 PM

Intel's CEO says the tech industry has done a "remarkable" job responding to the embarrassing computer chip flaws that caused alarm around the world.

Speaking at the Consumer Electronics Show (CES) in Las Vegas on Monday night, Brian Krzanich thanked other firms for their efforts to protect customers' data following the disclosure of the major vulnerabilities known as Spectre and Meltdown.

"The collaboration among so many companies to address this industry-wide issue, across several different processor architectures, has been truly remarkable," Krzanich said. "Security is job number one for Intel and our industry."

But he didn't offer an apology or an explanation of how Intel and other leading chipmakers failed to spot these problems that have been around for decades.

The fear is that hackers could take advantage of the vulnerabilities -- in chips known as processors -- to steal data.

Krzanich repeated the advice that people should apply software updates as soon as possible from companies like Apple and Microsoft that supply the technology that uses the vulnerable processing chips.

Related: How to protect devices from Spectre and Meltdown chip flaws

Since researchers revealed the Spectre and Meltdown vulnerabilities last week, Intel has been trying to convince consumers and investors that the chip flaws are being quickly addressed and fixes aren't slowing down computers. But some security experts have disputed those points.

Intel has said that for "the average user," the performance impact on products using processors made in the last five years "should not be significant and will be mitigated over time."

Krzanich said Monday that the effect on performance depends a great deal on the work the processors are being asked to do.

He also said that for processors and products introduced within the past five years, Intel expects to issue updates for 90% of them within the week, and the rest by the end of January.

Intel and ARM processors are affected by Meltdown, and virtually all computing systems are affected by Spectre.

Related: The computer chip debacle: Businesses are scrambling

There is no evidence so far that hackers have maliciously exploited these flaws.

Apple has released Meltdown and Spectre fixes for iOS and macOS. Google also released mitigations for many of its products and said a fix for its Chrome browser will be available later this month.

Microsoft, meanwhile, has issued updates for its Windows and cloud products. Amazon has also issued fixes for its cloud servers.

Researchers alerted Intel to the chip flaws in June. On October 30, before the public knew about the vulnerabilities, Krzanich said he would sell 245,000 of his shares by November 29, leaving him with 250,000, the minimum he's required to hold. The company told CNNMoney the stock sale was not related to the security issues.

Intel shares are down about 4.5% since news of the chip flaws first emerged.

Mississippi Coronavirus Cases

Data is updated nightly.

Cases: 503322

Reported Deaths: 10057
CountyCasesDeaths
Harrison34400541
DeSoto32318411
Hinds32074631
Jackson24551386
Rankin22103391
Lee15657235
Madison14662281
Jones13894243
Forrest13506253
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Lowndes11091192
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Monroe6796178
Warren6752176
Pontotoc6736104
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Marshall6494135
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Union607794
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Scott474198
Tippah472481
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Tate4632111
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Copiah450092
Simpson4458116
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Clarke295894
Calhoun279947
Holmes268788
Smith266550
Yalobusha237247
Tallahatchie228752
Greene220649
Walthall219364
Lawrence213640
Perry206456
Amite206056
Webster203446
Noxubee186940
Montgomery179757
Jefferson Davis172243
Carroll169639
Tunica160139
Benton149439
Kemper142141
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Franklin120728
Quitman106828
Wilkinson105139
Jefferson95934
Sharkey64220
Issaquena1937
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Alabama Coronavirus Cases

Cases: 821255

Reported Deaths: 15424
CountyCasesDeaths
Jefferson1149051930
Mobile726651340
Madison52400699
Shelby37685350
Baldwin37285552
Tuscaloosa35147613
Montgomery34130740
Lee23556246
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Morgan21037378
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Cullman15493293
Limestone15402199
Elmore15292286
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DeKalb12670261
Walker11255370
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Colbert8907201
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Chilton6658162
Russell637659
Franklin5992105
Chambers5615142
Marion5016127
Dallas5013202
Pike4799106
Clarke477284
Geneva4577127
Winston4538103
Lawrence4352117
Bibb425686
Barbour358376
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Monroe332064
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Butler328596
Pickens317384
Henry313166
Hale311988
Cherokee303260
Fayette294580
Washington251651
Cleburne247960
Clay245568
Crenshaw245475
Macon235563
Lamar225747
Conecuh186654
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