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February 16, 2018 05:20 pm

Intel Hit With More Than 30 Lawsuits Over Security Flaws

Intel said on Friday shareholders and customers had filed 32 class action lawsuits against the company in connection with recently-disclosed security flaws in its microchips. From a report: Most of the lawsuits -- 30 -- are customer class action cases that claim that users were harmed by Intel's "actions and/or omissions" related to the flaws, which could allow hackers to steal data from computers. Intel said in a regulatory filing it was not able to estimate the potential losses that may arise out of the lawsuits. Security researchers at the start of January publicized two flaws, dubbed Spectre and Meltdown, that affected nearly every modern computing device containing chips from Intel, Advanced Micro Devices and ARM.

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