Regarding Microsoft security advisory 935423:

Microsoft is investigating new public reports of targeted attacks exploiting a vulnerability in the way Microsoft Windows handles animated cursor (.ani) files. In order for this attack to be carried out, a user must either visit a Web site that contains a Web page that is used to exploit the vulnerability or view a specially crafted e-mail message or email attachment sent to them by an attacker.

This security advisory was released today.

Article Link

UPDATE: More on this from Secunia:

Description:
A vulnerability has been reported in Microsoft Windows, which can be exploited by malicious people to compromise a user’s system.

The vulnerability is caused due to an unspecified error in the handling of animated cursors and can e.g. be exploited by tricking a user into visiting a malicious website using Internet Explorer or opening a malicious e-mail message.

Successful exploitation allows execution of arbitrary code.

NOTE: The vulnerability is currently being actively exploited.

UPDATE 2: Here is more info from Symantec. Their customers are apparently covered for this exploit.

[tags]935423, Microsoft Advisory, Animated Cursor, ANI[/tags]

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