GitLab Shares Critical Technical Vulnerability That Could Compromise Users, Accounts

• GitLab Inc (NASDAQ:GTLB) has addressed a critical severity vulnerability, Bleeping Computer reports.
• GitLab urged users to immediately upgrade all GitLab installations to the latest versions to block potential attacks.
• "Our investigation shows no indication that users or accounts have been compromised, but we're taking precautionary measures for our users' security," GitLab assured.
• The glitch could enable remote attackers to take over user accounts using hardcoded passwords.
• The bug impacted GitLab Community Edition (CE) and Enterprise Edition (EE).
• Static passwords accidentally set during OmniAuth-based registration in GitLab CE/EE triggered the flaw.
• Price Action: GTLB shares traded lower by 1.09% at $53.86 on the last check Friday.