But, as we previously reported, vulnerable chips may eventually have to be physically replaced en masse.
Fixes: Available for iPhones, iPads, Macs, and Apple TV. Reports stating that the flaw is unique to Intel chips are incorrect, the company argued.
Intel is focusing attention on chips that have been produced in the last five years - which is understandable to a degree.
While researchers say the Meltdown bug is limited to Intel processors, they have verified Spectre as a problem for Intel, Advanced Micro Devices and ARM processors.
Intel has started rolling out software and firmware upgrades of its own.
The US government's Computer Emergency Response Team initially indicated in a bulletin that only a hardware fix would solve the problem, but then removed that from an update.
"Right now it's kind of tricky to take advantage of it", Daly said.
It's not been a good week for Intel. "They will improve on it".
Meltdown will require an update to your operating system in order to protect your whole computer.
Although billions of computers and devices are vulnerable, security fixes are already being rolled out. The flaw revealed on Monday affects most Intel processors manufactured since 1995. It is working on updates for Safari to protect users against Spectre and expects to release them "in the coming days". Intel has said that the patches for the bugs would slow its chips down somewhat but that most users will not notice. The company also said a performance hit from a future software update "should not be significant and will be mitigated over time". It's worth noting, after selling off $24 million worth of shares, Kzranich is now left with just 250,000 commanding minimum ownership in the company. They also have the potential to affect data centres and devices that connect to the cloud.
Microsoft has already released security updates for Windows users, and is taking steps to protect users of its cloud computing services.
In a web page dedicated to the vulnerability, security researchers said Meltdown and Spectre may "get hold of secrets stored in the memory of other running programs".
Both Meltdown and Spectre exploit a feature of computer processors called "speculative execution".
"It's a positive thing that we have independent verification - researchers looking for vulnerabilities", Daly said. It said that there were no known instances of hackers taking advantage of the flaw to date.