How about because your running a Joomla 1.7 site? Joomla 1.7 is no longer supported and several security fixes have been added into Joomla since it was released. You should immediately upgrade to 2.5.9. There should be no backwards compatability issues as 2.5.9 is just the Long Term Supported Release of Joomla 1.7.
Check your PHP settings are as advised in the Joomla Security Checklist here. Make sure you PHP and MYSQL versions are reasonably up to date (at least PHP 5.3.x - preferably 5.4.x and MYSQL at least 5.0.4).
Finally make sure all your extensions are up to date. Again developers constantly update modules not just to add new features but also to add in extra/improved security or to protect against found vulnerabilities!
Also please not turning on allow_url_fopen like Steven says will result in Joomla's One-Click-Update to stop working properly.