Microsoft plans to release twelve Security Bulletins as part of the August
2006 security bulletin release cycle on August 8, 2006. Microsoft typically
releases bulletins after 1:00 PM -0400 UTC.

US-CERT is aware of reports of active exploitation for one of the vulnerabilities.
US-CERT plans to publish Cyber Security Alerts and Vulnerability Notes later today
when Microsoft releases their Security Bulletins.

We will continue to update current activity as more information becomes available.

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Via: US-CERT Current Activity