Microsoft has announced that it has discovered a new zero-day exploit in Internet Explorer.
The vulnerability is being exploited in the wild, and allows remote malicious code to install itself on a users system.
Currently, it appears only Internet Explorer 6 and 7 are affected while Internet Explorer 8 is safe this time around.
No word from Microsoft on when we will see a patch, but users are urged to upgrade to Internet Explorer 8 to protect them from the current vulnerability.