Microsoft Security Advisory (2286198) is about to get a patch!
It's about time. We've all (at least those of us who pay attention to these things) been waiting for 2 weeks for this very important fix. MS says they will have it ready to roll on Monday.
For those not watching MS's every move, this bug allows a malicious user to create a special .lnk file (shortcut) on a USB drive, or hard drive, or shared drive on a network... etc. and when you just browse to the folder containing it, it exectues! No double-click, you just have to look at the folder it's in. Thanks to the folks at MS who fixed it so quickly. This was a scary bug.
Note, if you don't want to wait till Monday, you can fix it now. Just disable the "WebClient" service under Control Panel>Administrative Tools>Services
If you don't know what WebDAV is, you don't need that service running.
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(quoted directly from a Microsoft Security Bulletin)