…well, at least by mid-day Wednesday.

According to a post dated 5:12pm Tuesday, December 16, 2008, PC World claims Microsoft will be issuing an emergency security patch for the Internet Explorer 7 (and below) security flaw. MS will post this patch by 1:00pm Wednesday, December 17.

The patch will be available through Windows Update. Our recommendation: apply the patch.

Here are some details from the post:

Getting the Patch

Microsoft’s emergency security patch will become available Wednesday at 1 p.m. EST at the Microsoft Update site as well as at the Microsoft Download Center. All users of IE5, 6, and 7 are advised to install it. A separate patch is expected to be made available for users of IE8 Beta 2. Expect to see far more detail by midday Wednesday when Microsoft officially issues its security bulletin.

See the post here.