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Intel’s CEO sold a ton of stock after finding out about chip security flaw

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Intel’s CEO reportedly sold $24 million worth of company stock and options after being informed of a serious security flaw in its chips — but before the flaw became publicly known. 

The stock sale was first reported by Business Insider.

In late 2017, Brian Krzanich, who has been chief executive of Intel since May 2013, sold as much stock as he was contractually allowed. Executives routinely sell stock, but this move caused some suspicion at the time for just how much stock Krzanich sold. 

Months later, news broke that two massive security flaws had been found in variety of computer chips — with Intel’s hardware being under particular scrutiny. Read more…

More about Cybersecurity, Intel, Ceos, Tech, and Cybersecurity

Jason Abbruzzese
http://feeds.mashable.com/~r/Mashable/~3/q4nC7FWzWmQ/

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