The Heartbleed Bug is a serious vulnerability in the popular OpenSSL cryptographic software library. This weakness allows stealing the information protected, under normal conditions, by the SSL/TLS encryption used to secure the Internet.In short - patch this now! And change your passwords on all the websites that were impacted here.
Some explanations here
Tech help here
Home page for the bug
Easy to read explanation
A good FAQ page, management style.
Update 10-May-2014:
300K servers are still vulnerable!
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