The vulnerabilities have been under research since last several years but were made public in January 2018. Security experts consider the threats posed by these vulnerabilities as very severe.
In order to understand the Meltdown and Spectre vulnerabilities, it is helpful to know technical terms such as Virtual Memory and Paging. Virtual Memory is a contiguous address space that is used by processes.
It works as an abstraction layer over physical memory. It gives each process, the impression that it is the only process running on the system. Even though each process has its own virtual memory space, the physical address space of processes may overlap.
Virtual Memory is mapped to physical memory using paging tables. It is maintained by the operating system. Depending on the operating system, all processes may share a paging table or each process can have its own paging table.
Data is read in fixed sized blocks called pages from I/O devices and loaded to memory. If a process needs access to data and there is not enough memory to store the data, then existing pages of data are written back to the I/O device and the required data is read and stored in memory. This is called swapping.
Thrashing is said to occur, when a process repeatedly swaps data in and out of memory because of insufficient physical memory. It can be prevented by adding more memory or by optimizing the application or operating system
Meltdown vulnerability allows a process to access memory location that is is not authorized to access. An example of an attack based on meltdown is as follows:
As part of the memory fetch operation, the contents of the memory which is 4 is saved to the CPU cache. The next time address 5004 needs to be read, its value will be read and saved to cache before the privilege check completes. The read instruction itself fails and the process never gets direct access to memory location 2000 or the contents of the CPU cache.
The Spectre vulnerability is based on exploiting the side affects of speculative execution, in particular branch prediction which is a special case of speculative execution.
Speculative execution is an optimization technique that is used to complete work before it is known that the work is needed or not. Branch prediction is used by the CPU to predict the outcome of a condition which results in execution of a certain block of code. Unlike Meltdown, Spectre is based on a more general concept and is more difficult to protect against.
The Meltdown and Spectre vulnerabilities affect all servers, desktops, laptops, mobiles and embedded devices. Cloud service providers are affected by Meltdown in a limited way.
The Meltdown vulnerability allows rouge processes running on the host to access guest virtual machines, but does not allow guest virtual machines to access other guests or the host.
Kernel Page Table Isolation (KPTI) is a measure taken to reduce the impact of Meltdown. It involves isolating kernel memory from user mode processes. KPTI patches have been developed for the Linux Kernel 4.15 and also for older versions of the kernel. These patches have been merged with the main kernel.
The KPTI patches have been developed by all major Linux vendors including RedHat. Apple and Microsoft have also released security updates containing KPTI patches.
The KPTI patches are known to reduce computer performance. However the performance impact affects certain workloads more than others. For example the performance of I/O intensive applications such as PostGres database server is more affected by KPTI patches.
The Meltdown and Spectre vulnerabilities are serious threats which affect almost all microprocessors. No known threats based on these vulnerabilities have yet been discovered. Given the severity of the threats, attacks based on Meltdown and Spectre may soon surface.
Proof of concept code which demonstrates Meltdown and Spectre is already available publicly. Attacks based on Meltdown cannot be detected. Attacks based on Spectre are even more difficult to predict and affect a wider range of devices.