Microsoft Office Privilege Elevation Vulnerability - 2721015 (Mac OS X)

Summary
This host is missing an important security update according to Microsoft Bulletin MS12-051.
Impact
Successful exploitation could allow attackers to execute arbitrary code in the security context of the current user. Impact Level: System/Application
Solution
Run Windows Update and update the listed hotfixes or download and update mentioned hotfixes in the advisory from the below link, http://technet.microsoft.com/en-us/security/bulletin/ms12-051
Insight
The application being installed with insecure folder permissions and can be exploited to create arbitrary files in certain directories.
Affected
Microsoft Office 2011 for Mac
References