The process_bin_delete function in memcached.c in memcached 1.4.4 and other versions before 1.4.17, when running in verbose mode, allows remote attackers to cause a denial of service (segmentation fault) via a request to delete a key, which does not account for the lack of a null terminator in the key and triggers a buffer over-read when printing to stderr.
https://code.google.com/p/memcached/wiki/ReleaseNotes1417
https://bugzilla.redhat.com/show_bug.cgi?id=895054
http://www.ubuntu.com/usn/USN-2080-1
http://www.securityfocus.com/bid/64978
http://www.openwall.com/lists/oss-security/2013/01/14/6