The Project Zero researcher, Jann Horn, demonstrated that malicious actors could take advantage of speculative execution to read system memory that should have been inaccessible. For example, an unauthorized party may read sensitive information in the system’s memory such as passwords, encryption keys, or sensitive information open in applications. Testing also showed that an attack running on one virtual machine was able to access the physical memory of the host machine, and through that, gain read-access to the memory of a different virtual machine on the same host.
These vulnerabilities affect many CPUs, including those from AMD, ARM, and Intel, as well as the devices and operating systems running on them.
Read more at Google Security Blog