"VLC media player is a highly portable multimedia player for various audio and video formats (MPEG-1, MPEG-2, MPEG-4, DivX, mp3, ogg, ...) as well as DVDs, VCDs, and various streaming protocols." Secunia Research has discovered a vulnerability in VLC Media Player, which can be exploited by malicious people to compromise a user's system.
http://www.securiteam.com/windowsntf...YP020KOUG.html