Sinkclose vulnerability found in AMD brand CPU chips

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At the Defcon hacker conference tomorrow, Enrique Nissim and Krzysztof Okupski, researchers from the security firm IOActive, plan to present a vulnerability in AMD chips they're calling Sinkclose. The flaw would allow hackers to run their own code in one of the most privileged modes of an AMD processor, known as System Management Mode, designed to be reserved only for a specific, protected portion of its firmware. IOActive's researchers warn that it affects virtually all AMD chips dating back to 2006, or possibly even earlier.
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It will be for govcos and large corporates the world over. I expect it's going to hammer AMD sales and stock price too.
 
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