> http://tech.yahoo.com/blogs/null/111811
Tue Dec 16, 2008 11:49AM EST

The major press outlets are abuzz this morning with news of a major new
security flaw that affects all versions of Internet Explorer
<http://news.bbc.co.uk/2/hi/technology/7784908.stm>from IE5 to the latest
beta of IE8. The attack has serious and far-reaching ramifications -- and
they're not just theoretical attacks. In fact, the flaw is already in wide
use as a tool to steal online game passwords, with some 10,000 websites
infected with the code needed to take advantage of the hole in IE.

Virtually all security experts (as well as myself) are counseling users to
switch to any other web browser -- none of the others are affected,
including Firefox, Chrome, and Opera -- at least for the time being, though
Microsoft has stubbornly said it "cannot recommend people switch due to this
one flaw." Microsoft adds that it is working on a fix but has offered no ETA
on when that might happen. Meanwhile it offers some suggestions for a
temporary patch, including setting your Internet security zone settings to
"high" and offering some complicated
workarounds<http://www.microsoft.com/technet/security/advisory/961051.mspx>.
(Some reports state, however, that the fixes do not actually
work<http://voices.washingtonpost.com/securityfix/2008/12/microsoft_big_security_hole_in.html>
.)

Expedient patching or switching are essential. Security pros fear that the
attack will soon spread beyond the theft of gaming passwords and into more
criminal arenas, as the malicious code can be placed on any website and can
be adapted to steal any password stored or entered using the browser. It's
now down to the issue of time: Will Microsoft repair the problem and
distribute a patch quickly enough to head off the tsunami of fraud that's
about to hit or will it come too late to do any good?

Meanwhile, I'll reiterate my recommendation: Switch from Internet Explorer
as soon as you can. You can always switch back once the threat is
eliminated. (To clarify: You don't need to *uninstall* IE, just don't use it
for the time being.)
Cheers,
Subir

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