One of the flaws has been called Meltdown, and affects only Intel Corp chips, and the second is called Spectre and impacts almost all computer chips made in the past 10 years. It may not block everything - new threats emerge all the time - but making things more hard for those who want to spread bad software isn't something you should dismiss.
Apple confirmed on Friday that its iPads, iPhones and Macs are affected by both Spectre and Meltdown, but it has already taken steps to protect users of iOS 11, MacOS and its latest Apple TV software from the flaw.
Technology commentator Bill Bennett said the problem was worrying for New Zealanders, who were keen users of cloud-based software which was particularly at risk from cyber attacks because of the design flaw. Since exploiting many of these issues requires a malicious app to be loaded on your Mac or iOS device, we recommend downloading software only from trusted sources such as the App Store.
Security researchers revealed the existence of the flaws on Wednesday, which could allow crooks to hack most computers or devices made in the past decade.
As such, Switchzilla said it will release software updates that address this vulnerability.
Cisco is the latest company to prepare patches to tackle the serious security vulnerabilities affecting the majority of CPUs, Meltdown and Spectre.
"Meltdown" and "Spectre" are two bugs that could allow hackers to steal stored data on desktops, laptops, phones, tablets, and cloud networks. People with Google-supported Android phones including Nexus and Pixel devices will get that update, but others will have to wait for security updates from their manufacturers. "Google pushed out an update for Chrome OS on December 15".
"Intel continues to believe that the performance impact of these updates is highly workload-dependent and, for the average computer user, should not be significant and will be mitigated over time", the world's No. 1 chipmaker said in a release.
To update your Windows 10 system, go to Settings Update & Security Windows Update Check for updates.
The release cited comments from Amazon.com Inc, Apple Inc, Alphabet Inc's and Microsoft Corp, which said that they had seen no significant impact to performance after installing the patches. Microsoft has already rolled out "patches" to protect many PC users.
On Wednesday, Google and other security researchers disclosed two major chip flaws, one called Meltdown affecting only Intel chips and one called Spectre affecting almost all chips made in the last decade.