Here is Microsoft's threat assessment and description:
Summary
Who Should Read this Document: Customers who use Microsoft Windows
Impact of Vulnerability: Remote Code Execution
Maximum Severity Rating: Critical
Recommendation: Customers should apply the update immediately
Two suggestions / recommendations:
1. Make sure your automatic updates are turned on and scheduled to run while your computer is turned on. Locate the automatic updater by clicking on the start menu, control panel and Security Center. You can view the settings there for automatic updates and other security considerations for your computer.
2. Download and install the update from Microsoft manually. Surf to the Microsoft Security Bulletin Center, locate the download and when it's done downloading, double click on the downloaded file to install. Follow the on screen directions. Generally for Windows XP with Service pack 2 the download link is:
Microsoft Windows XP Service Pack 2 — Download the update
Once again, safe surfing,
Darrell Mishler
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