A vulnerability was discovered in Microsoft Data Access Components (MDAC) in the first quarter of 2006, allowing remote attackers to execute code remotely and gain access to a computer. The affected systems include Windows 98, Millennium Edition, XP, 2000, and Windows Server 2003. The mitigation strategies involve reducing risk by setting Internet Explorer's security level to 'High', disabling automatic detection of Intranet sites, and configuring the user to have limited access to the system. Remediation involves installing Microsoft updates, running a baseline security analyzer, enabling Enhanced Security Configuration in Internet Explorer, and restricting access to unknown websites.