Major Backdoor affecting several My Cloud devices

I came across this story today about a major security concern for My Cloud devices. This backdoor allows root access through the internet:

Uses username mydlinkBRionyg and password abc12345cba and apparently has not been patched, despite being known for over 6 months.

When will this be patched, and what is the official recommendation until it has been patched to keep our data secure?

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