The BIG news this weeks is the TimThumb.php security issue that if left unsolved can allow a hacker to run malicious code on your website.

A lot of WordPress themes use timthumb (besides the large number on the repository, theme clubs like WooThemes and ElegantThemes also use it) so if you have timthumb on your site, take steps to resolve the issue. The first 3 articles bellow are about this so read about it and stay safe.