In case you haven’t heard, WordPress 2.1.1 has been declared “dangerous” and should be replaced as soon as possible with the newest version, 2.1.2.
Full details are at the link above, but basically, a malicious hacker managed to add some dangerous code.
You don’t need to worry about this if you aren’t using WordPress 2.1.1, as that’s the only version affected. You also don’t need to worry about this if you’re using WordPress.com, as that’s completely separate.
How do you know what version you’re using? Log into your WordPress admin panel, and look at the very bottom of any admin page. You’ll see the WordPress logo, and something like this:
2.1.2 — 0.61 seconds
From that, you can see that I’ve upgraded to 2.1.2, but if you see 2.1.1 in your admin panel, you should upgrade right away.