Apple share price: All Apple devices affected by processing chip flaw

According to the BBC, Meltdown affects laptops, desktop computers and internet servers with Intel chips.

Pointing out that the risks are likely to come from "a malicious app", Apple also advised users to download software "only from trusted sources such as the App Store".

Meltdown and Spectre are what are known as exploits, vulnerabilities or weaknesses, even though they are being reported widely as bugs or flaws on central processing units (CPUs), the computer chips at the heart of every PC or smartphone.

Intel on Thursday said it has developed and is issuing updates for all types of Intel-based machines that will render system affected by the design flaw immune to Spectre and Meltdown.

Spectre is an exploit that breaks the isolation between different applications on chips from Intel, AMD and ARM, and potentially allows hackers to "trick" error-free programmes that normally follow best practices into "leaking" their secrets.

Apple Inc will release a patch for the Safari web browser on its iPhones, iPads and Macs within days, it said on Thursday, after major chipmakers disclosed flaws that leave almost every modern computing device vulnerable to hackers.

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"Intel has already issued updates for the majority of processor products introduced within the past five years", an Intel spokesperson said.

So one needs to ensure that their devices are running the latest operating system available from the manufacturer.

Furthermore, the company says that it has already released patches in iOS 11.2, macOS 10.13.2, and tvOS 11.2 to address the Meltdown vulnerabilities. We continue to develop and test further mitigations within the operating system for the Spectre techniques, and will release them in upcoming updates of iOS, macOS, tvOS, and watchOS. As we told you, Google's Android Security patch for January will help protect Android users from having passwords held in a browser, or in a password manager, stolen by a nameless, faceless hacker.

Other major companies rolling out fixes include Microsoft, Amazon and Google.

Apple also announced that it will be releasing patches for Spectre in the form of an update to web browser Safari in a few days.

Nicknamed Meltdown and Spectre, the security vulnerabilities take advantage of how modern processors work on the hardware level, making it a tad hard to fix without repercussions.