Some industry experts have coined a new term – “exploit week” – to call the days following the release of a Microsoft Security Bulletin. Very fitting, considering that for the past couple of months, new zero-day exploits and undetermined vulnerabilities are released days after Microsoft has posted their fix patches, which serves as a solution to previous zero-day exploits that were released days before… well, you get the picture.

One day after Microsoft’s special Security Bulletin release concerning the VML vulnerability- which, by the way, caused so much hullabaloo that ZERT, a third-party organization, even released an unofficial patch for it – two new zero-day exploits were detected by Trend Micro. The first is TROJ_PPDROPPER.L, which takes advantage of a vulnerability in MS PowerPoint to drop and execute a backdoor. Hours later, a proof-of-concept HTML file detected as HTML_IESLICE.Awas discovered, taking advantage of a new vulnerability in Internet Explorer (as if the security industry doesn’t have its hands full on the other IE exploit already…) that could allow remote attackers to execute possibly malicious code on an affected system.

Gone were the days when an exploit code was released after the vulnerability patch is made available. Remember the MSBLAST, SASSER, and ZOTOB worms? They wreaked such a havoc during their time, yet they were not released in the wild until at most a week after Patch Tuesday. Now, it seems that the trend is to chase after exploit codes – and by “chase” it usually means users have to wait 30 more days for the patch (and even that is not always a sure thing). It seems that from being proactive, Microsoft is becoming reactive.

This poses a question: is Patch Tuesday still relevant? Granted, Microsoft has to follow a strict schedule for various reasons… but will it be better if they release fixes as soon as a bug is discovered? And with the emergence of ZERT – who aims to provide patches to vulnerabilities deemed threatening to information and system security – what, then would be Microsoft’s role than just an official patch distributor?