A vulnerability has been identified in Apple iLife iPhoto, which could be exploited by attackers to take complete control of an affected system [...]
Solution
Upgrade to iPhoto 6.0.6 :
http://www.apple.com/support/downloads/iphoto606.html
Credits
Vulnerability reported by Kevin Finisterre
ChangeLog
2007-01-05 : Initial release
2007-03-13 : Updated Solution
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