If anyone is using ImageMagick image processing library as part of a plugin, it may be a good idea to temporarily disable it if your website allows image upload from users. Read more http://arstechnica.com/security/2016/05/exploits-gone-wild-hackers-target-critical-image-processing-bug/
To clarify in case someone is unsure, the default installation does not use the ImageMagick library. You would have had to intentionally choose to use ImageMagick by installing this addon:
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