libpng is a standard library used to process PNG (Portable Network Graphics) images. It is used by several other programs, including web browsers and potentially server processes.
libpng contains numerous vulnerabilities including null pointer dereference errors and boundary errors in various functions.
An attacker could exploit these vulnerabilities to cause programs linked against the library to crash or execute arbitrary code with the permissions of the user running the vulnerable program, which could be the root user.
There is no known workaround at this time. All users are encouraged to upgrade to the latest available version.
All libpng users should upgrade to the latest stable version:
# emerge sync
# emerge -pv ">=media-libs/libpng-1.2.5-r8"
# emerge ">=media-libs/libpng-1.2.5-r8"
You should also run revdep-rebuild to rebuild any packages that depend on older versions of libpng :
# revdep-rebuild