Microsoft has no immediate plans to issue a patch for the latest flaw.

For the second time in a week, hackers have discovered a previously unknown bug in Microsoft’s Internet Explorer browser that could be exploited to run unauthorized software on a Windows computer.

This latest bug, reported yesterday, could be exploited to seize control of a Windows system and has been given a “high risk” rating by the FrSIRT security Web site.

Although proof-of-concept code showing how this vulnerability could be exploited has been published, making the bug a more serious concern there are some mitigating factors. Attackers would first need to trick users into visiting a specially coded Web page and then somehow get them to perform certain actions, such as writing “specific text in a text field,” before they could run their malicious software, FrSIRT said.

A word of warning for all those Internet Explorer users…Read more courtesy of PCWorld