The django.forms.ImageField class in the form system in Django before 1.3.2 and 1.4.x before 1.4.1 completely decompresses image data during image validation, which allows remote attackers to cause a denial of service (memory consumption) by uploading an image file.
https://www.djangoproject.com/weblog/2012/jul/30/security-releases-issued/
http://www.ubuntu.com/usn/USN-1560-1
http://www.openwall.com/lists/oss-security/2012/07/31/2
http://www.openwall.com/lists/oss-security/2012/07/31/1
http://www.mandriva.com/security/advisories?name=MDVSA-2012:143