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Old 01-04-2018, 05:41 AM   #1
turok   turok is offline
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2 major microprocessor vulnerabilities discovered

The first is exclusive to Intel, and has a patch, the second affects all and may remain unpatched:

https://www.nytimes.com/2018/01/03/b...pgtype=article

Speed kills.
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Old 01-04-2018, 06:02 AM   #2
sggatecl   sggatecl is offline
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http://www.businessinsider.com/intel...ip-flaw-2018-1

Intel was aware of the chip vulnerability when its CEO sold off $24 million in company stock

Quote:
Intel CEO Brian Krzanich sold off a large portion of his stake in the company months after the chip maker was informed by Google of a significant security vulnerability in its flagship PC processors — but before the problem was publicly known.

The vulnerability, which affects processors from Intel, AMD, and ARM and could allow malicious actors to steal passwords and other secret data, became public this week. The disclosure has left processor makers and operating system vendors including Intel and Microsoft scrambling to get on top of the story and patch their products.

But while the public is just being informed about the security problem, tech companies have known about it for months. In fact, Google informed Intel of the vulnerability in June, an Intel representative told Business Insider in a statement.

That means Intel was aware of the problem before Krzanich sold off a big chunk of his holdings. Intel's CEO saw a $24 million windfall November 29 through a combination of selling shares he owned outright and exercising stock options.

The stock sale raised eyebrows when it was disclosed, primarily because it left Krzanich with just 250,000 shares of Intel stock — the bare minimum the company requires him to hold under his employment agreement.
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Old 01-04-2018, 06:27 AM   #3
turok   turok is offline
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Can't fault Krzanich for rushing to protect his earnings prior to potential losses due to Intel stock selloffs, once the news was revealed publicly...ala executives for the credit reporting agency Equifax' doing likewise last year before publicly revealing that their customers' personal data being stolen.

How else would he be able to fully enjoy his bigly tax cuts, if his portfolio's value sank like a stone this year?

Spectre also happens to be the name of the evil criminal organization of whom James Bond and MI6 have battled against over the past 65 years in movies and the late author Ian Fleming's spy novels. There was speculation over the new difficulties being faced in making another 007 flick, b/c of trust issues involving Brexit, Putin, and Donald Trump's selection. But now they could use technology and those in control of it as the basis of a new Bond movie.

It does appear that Krzanich deserves further scrutiny and investigation by the SEC b/c this selloff just reeks of insider trading, given the yawning gap btw being informed of the security flaws and creating a "Rule 10b5-1(c) " tailored just for his personal benefit. But I don't have much if any confidence that any charges will be leveled, given the "too big to fail" Wall Street hypocrisy and that he is hardly the only CEO who has/is/will be given a pass b/c glorious global corporate capitalism is a "self-policing" Randian ideal for tens of millions of patriotic Murkins.
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Old 01-05-2018, 06:23 PM   #4
tigermud   tigermud is offline
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Old Yesterday, 04:39 PM   #5
michchamp   michchamp is offline
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In my experience, it's horrifying how many people who work in tech have little to no idea what they're actually doing, and how the systems their working with actually work.

Not that I'm saying these things are not complicated, they are. But it seems the people tasked with installing, maintaining, and selling them have no particular training or expertise.

nor do tech companies, desperate to pay their executives' bonus - and literally caring about nothing else - care to ensure their technical and sales people are properly trained. And if you're dealing with a tech start up? Forget it... 99% of these are just pump and dumps. Just opportunities for private equity to take some piece of shit public and foist the resulting trainwreck on the investing public through an IPO

the same applies with anything connected to the web; these companies have a similar disregard for data security.

the less connected or complicated your device, the better. the fewer "connected" devices in your home, the better.
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Last edited by michchamp; Yesterday at 04:40 PM.
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Old Yesterday, 06:11 PM   #6
KAWDUP   KAWDUP is online now
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Quote:
Originally Posted by michchamp View Post
In my experience, it's horrifying how many people who work in tech have little to no idea what they're actually doing, and how the systems their working with actually work.

Not that I'm saying these things are not complicated, they are. But it seems the people tasked with installing, maintaining, and selling them have no particular training or expertise.

nor do tech companies, desperate to pay their executives' bonus - and literally caring about nothing else - care to ensure their technical and sales people are properly trained. And if you're dealing with a tech start up? Forget it... 99% of these are just pump and dumps. Just opportunities for private equity to take some piece of shit public and foist the resulting trainwreck on the investing public through an IPO

the same applies with anything connected to the web; these companies have a similar disregard for data security.

the less connected or complicated your device, the better. the fewer "connected" devices in your home, the better.
You're not trying to take anecdotal evidence to make some definitive statement about tech start-ups are you? You dirty Republican.
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Old Yesterday, 07:09 PM   #7
tigermud   tigermud is offline
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Quote:
Originally Posted by michchamp View Post
In my experience, it's horrifying how many people who work in tech have little to no idea what they're actually doing, and how the systems their working with actually work.

Not that I'm saying these things are not complicated, they are. But it seems the people tasked with installing, maintaining, and selling them have no particular training or expertise.

nor do tech companies, desperate to pay their executives' bonus - and literally caring about nothing else - care to ensure their technical and sales people are properly trained. And if you're dealing with a tech start up? Forget it... 99% of these are just pump and dumps. Just opportunities for private equity to take some piece of shit public and foist the resulting trainwreck on the investing public through an IPO

the same applies with anything connected to the web; these companies have a similar disregard for data security.

the less connected or complicated your device, the better. the fewer "connected" devices in your home, the better.
Some of that may in part be due to constant outsourcing, term of project and never ending resource turnover that comes with term of project cheap labor. just a thought. Cheap options come with little to no accountability or pride in ownership. I know all about it. deal with it regularly. it's all fun and games saving a buck or two until there ain't nobody left that knows WTF they are doing. Thank goodness Trump is trying to get us out of all this crap global race to the bottom one sided trade garbage. may help eventually. Thank god Shillary didn't win!

Last edited by tigermud; Yesterday at 07:11 PM.
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