Microsoft Access has a flaw in the encryption used to protect databases. The RC4 based encryption uses the same key for both encryption and decryption with no password/phrase. By creating a database equal in size as the target database, an attacker can use the XOR'd key stream from the newly created database to decrypt the target database.
Classification
Unknown or Incomplete
Solution
Upgrade to version 3.0 or higher, as it has been reported to fix this vulnerability. An upgrade is required as there are no known workarounds.