I understand Magento released the following security patches recently:
- SUPEE-5344 - Addresses a potential remote code execution exploit (Added Feb 9, 2015)
- SUPEE-1533 - Addresses two potential remote code execution exploits (Added Oct 3, 2014)
Do these patches need to be applied to my website? Thank you.
Yes, the necessary patches for both Enterprise and Community editions have already been applied to your website. You can read Magento's full announcement below regarding these security issues. Thank you.