Overview direct from the article - "CacheBleed is a side-channel attack that exploits information leaks through cache-bank conflicts in Intel processors. By detecting cache-bank conflicts via minute timing variations, we are able to recover information about victim processes running on the same machine. Our attack is able to recover both 2048-bit and 4096-bit RSA secret keys from OpenSSL 1.0.2f running on Intel Sandy Bridge processors after observing only 16,000 secret-key operations (decryption, signatures). This is despite the fact that OpenSSL's RSA implementation was carefully designed to be constant time in order to protect against cache-based (and other) side-channel attacks.

While the possibility of an attack based on cache-bank conflicts has long been speculated, this is the first practical demonstration of such an attack."