Windows Backup Manager Remote Code Execution Vulnerability (2478935)

Summary
This host is missing a critical security update according to Microsoft Bulletin MS11-001.
Impact
Successful exploitation could allow remote attackers to execute arbitrary code and conduct DLL hijacking attacks. Impact Level: System/Application
Solution
Run Windows Update and update the listed hotfixes or download and update mentioned hotfixes in the advisory from the below link, http://www.microsoft.com/technet/security/bulletin/MS11-001.mspx
Insight
The flaw is due to the application insecurely loading certain librairies from the current working directory, which could allow attackers to execute arbitrary code and conduct DLL hijacking attacks via a Trojan horse fveapi.dll which is located in the same folder as a .wbcat file.
Affected
Microsoft Windows Vista Service Pack 2 and prior.
References