Intel CEO tries to calm investor concerns about security flaws
Intel CEO Brian Krzanich opened his fourth-quarter earnings call with comments on the newly discovered Spectre and Meltdown security flaws in nearly all of Intel’s processors.
He said that the company was working “around the clock with our customers and partners” to address the flaws, and he was “acutely aware that we have more to do” beyond issuing software fixes to deal with the problems.
In the long term, Intel is implementing changes in its processors to permanently circumvent the security risks, and those processors will start appearing in the market later this year. In the near term, Intel is delivering more fixes, but Krzanich acknowledged the situation is highly dynamic and the company was updating its risk factors as a result.
