Design flaws in chips from chipmakers such as Intel, AMD, and ARM have put millions of devices at risk of being attacked by hackers. Mayank Choudhary, VP of Product at OberserveIT, was with us to explain how it happened and what consumers can do to protect themselves.
The security holes could make sensitive data, such as passwords, vulnerable and have put chipmakers in the hot seat. Choudhary said it is an IT tsunami that he did not see coming. He said consumers need to quickly update their systems with the patches released by Apple and Microsoft.
Choudhary emphasizes that transparency is key when it comes to timing of when these breaches are disclosed. With the recent string of attacks, he said he sees more pro-activeness from the suppliers and manufacturers.
Biotech company Biogen lowered its full-year profit forecast, citing higher costs related to its purchase of drug maker Reata Pharmaceuticals as well as the launch of its Alzheimer's drug.
You might already be planning your Thanksgiving menu as the holiday approaches. Some retailers are offering deals that could help your pockets as you budget for those large family gatherings.
Jade Warshaw, personal finance expert and co-host of 'The Ramsey Show, joined Cheddar News to provide tips on how to save on engagement rings and to look at cheaper alternatives.
As the country watches the financial situation and monitors decisions from the Federal Reserve, many may be re-evaluating what to do with their money, with interest and mortgage rates at some of the highest levels seen in decades. Mark Hamrick, Washington bureau chief and senior economic analyst with Bankrate, joined Cheddar News to provide tips on your money management as monetary policy continues to change.
