What Consumers Need to Know About Intel's Chip Flaw
Intel facing scrutiny after two major security flaws were exposed last week in its computer chips. The technology giant is issuing patches in a series of software updates. Washington Post Technology Reporter Brian Fung explains what consumers need to be aware of.
"It's a pretty big deal," says Fung. "This was a flaw not found for roughly two decades. This essentially goes to the heart of every computer that is in existence today."
Right after Intel disclosed old chips have vulnerabilities, the company introduced a new chip with AMD. Intel CEO Brian Krzanich will be delivering the keynote speech at 2018 CES in Las Vegas, NV Monday night.
Cyber insurance and security company Coalition helps businesses manage and mitigate cyber risks. It just raised a $205 million Series E funding round led by Durable Capital at a $3.5 million valuation. The company also just announced its acquisition of Attune Insurance, making it the world's largest commercial insurtech provider. Coalition founder and CEO Joshua Motta joined Cheddar News' Closing Bell to discuss.
After Facebook and its family of platforms were down for nearly eight hours on Monday, other social media platforms like Snapchat saw a surge in usage. The social media platform already popular with teens saw a 20 percent jump in activity during Facebook's global outage.
