Computerworld reports that Microsoft has said it will issue an emergency patch for the critical Windows shortcut bug on Monday, Aug. 2.... The company said that it is satisfied with the quality of the "out-of-band" update -- Microsoft's term for a patch that falls outside the usual monthly delivery schedule -- but also acknowledged that it has tracked an upswing in attacks.
As this is an extremely serious bug, users need to make sure that this patch gets installed on their PC.