ImageMagick vulnerability

Not sure if this is relevant to the community or the community is already aware of, but I stumbled upon this:

http://arstechnica.com/security/2016/05/easily-exploited-bug-exposes-huge-number-of-sites-to-code-execution-attacks/

And wanted to sound the alarm bell if precautions need to be taken.

https://www.imagemagick.org/discourse-server/viewtopic.php?f=4&t=29588