Skype Insecure Library Loading Vulnerability (Windows)

Summary
The host is installed with Skype and is prone to insecure library loading vulnerability.
Impact
Successful exploitation will allow the attackers to execute arbitrary code and conduct DLL hijacking attacks. 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 improper validation of search path, which allows remote attackers to execute arbitrary code and conduct DLL hijacking attacks via a Trojan horse wab32.dll that is located in the same folder as a .skype file.
Affected
Skype version 4.2.0.169 (4.2.169) and prior on Windows.
References