Details about the flaws can be read at The Register:
Intel gave the bugs a high severity rating and plans to ship redesigned CPUs later this year. Software-based mitigation is expected very soon, these may have yet another potential performance impact. As The Register points out, this is one of the clearest examples that, over time, Intel traded security for speed.CVE-2018-3615: This affects Software Guard Extensions (SGX), and was discovered by various academics who will reveal their findings this week at the Usenix Security Symposium. According to Intel, "systems with microprocessors utilizing speculative execution and software guard extensions (Intel SGX) may allow unauthorized disclosure of information residing in the L1 data cache from an enclave to an attacker with local user access via side-channel analysis." This vulnerability was named Foreshadow by the team who uncovered it. This will require the microcode update to fix.
CVE-2018-3620: This affects operating systems and SMM. According to Intel, "systems with microprocessors utilizing speculative execution and address translations may allow unauthorized disclosure of information residing in the L1 data cache to an attacker with local user access via a terminal page fault and side-channel analysis." Operating system kernels will need patching, and the SMM requires the microcode update, to be protected.
CVE-2018-3646: This affects hypervisors and virtual machines. According to Intel, "systems with microprocessors utilizing speculative execution and address translations may allow unauthorized disclosure of information residing in the L1 data cache to an attacker with local user access with guest OS privilege via a terminal page fault and side-channel analysis." This will require the microcode, operating system, and hypervisor updates to protect data.