AVG Anti-Virus 'hcp://' Protocol Handler Remote Code Execution Vulnerability

Summary
The host is installed with AVG Anti-Virus and is prone to remote code execution vulnerability.
Impact
Successful exploitation could allow the attackers to bypass virus scanning and allows an attacker to drop and execute known malicious files. Impact Level: Application
Solution
No solution or patch was made available for at least one year since disclosure of this vulnerability. Likely none will be provided anymore. General solution options are to upgrade to a newer release, disable respective features, remove the product or replace the product by another one.
Insight
The flaw is due to an error in application when interacting with the hcp:// URLs by the Microsoft Help and Support Center.
Affected
AVG Anti-Virus versions 8.0, 8.0.156 and 8.0.323
References