For the very first time mac and iPhone users have found themselves in a very unfamiliar territory, threat of a flaw|malware.Its very scary and unfamiliar experience for us.Apple has announced that all of today’s Apple devices are affected by Meltdown and Spectre, only exception being apple watch. But no need to lose sleep over it yet..situation is not that bad. here is a copy of Apple support bulletin
Security researchers have recently uncovered security issues known by two names, Meltdown and Spectre. These issues apply to all modern processors and affect nearly all computing devices and operating systems. All Mac systems and iOS devices are affected, but there are no known exploits impacting customers at this time. 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. Apple has already released mitigations in iOS 11.2, macOS 10.13.2, and tvOS 11.2 to help defend against Meltdown. Apple Watch is not affected by Meltdown. In the coming days we plan to release mitigations in Safari to help defend against Spectre. We continue to develop and test further mitigations for these issues and will release them in upcoming updates of iOS, macOS, tvOS, and watchOS.
As for now it is advisable to be cautious about your downloads and make it a priory to install patch and fixes released by Apple.
A feature which was supposed to increase performance turned out to be a nightmare which has affected the stocks of intel and also made a chink in supposedly invulnerable Apple devices. As per apples support the flaw allows malicious software to get privileged memory access. Apple support says
The Meltdown and Spectre issues take advantage of a modern CPU performance feature called speculative execution. Speculative execution improves speed by operating on multiple instructions at once—possibly in a different order than when they entered the CPU. To increase performance, the CPU predicts which path of a branch is most likely to be taken, and will speculatively continue execution down that path even before the branch is completed. If the prediction was wrong, this speculative execution is rolled back in a way that is intended to be invisible to software.
The Meltdown and Spectre exploitation techniques abuse speculative execution to access privileged memory—including that of the kernel—from a less-privileged user process such as a malicious app running on a device.
What are Melt Down and Spctre?
Meltdown and Spctre are exploit techniques.Which allow malicious code to run and get extra privileges making the system insecure.
Meltdown as explained by Apple is
Meltdown is a name given to an exploitation technique known as CVE-2017-5754 or “rogue data cache load.” The Meltdown technique can enable a user process to read kernel memory. Our analysis suggests that it has the most potential to be exploited. Apple released mitigations for Meltdown in iOS 11.2, macOS 10.13.2, and tvOS 11.2. watchOS did not require mitigation. Our testing with public benchmarks has shown that the changes in the December 2017 updates resulted in no measurable reduction in the performance of macOS and iOS as measured by the GeekBench 4 benchmark, or in common Web browsing benchmarks such as Speedometer, JetStream, and ARES-6.
Spctre is explained by apple is
Spectre is a name covering two different exploitation techniques known as CVE-2017-5753 or “bounds check bypass,” and CVE-2017-5715 or “branch target injection.” These techniques potentially make items in kernel memory available to user processes by taking advantage of a delay in the time it may take the CPU to check the validity of a memory access call.
For the time being do not download any thing from out side appstore and update your OS. Stay Safe !!!