This indicates an attack attempt to exploit a Buffer Overflow Vulnerability in MemeCode i-Ftp.
The vulnerability is due to an input validation error while parsing a crafted XML file. A remote attacker could exploit this to execute arbitrary code within the context of the application, via a crafted XML file.
MemeCode i-Ftp v2.20 or prior
System Compromise: Remote attackers can gain control of vulnerable systems.
Currently we are unaware of any vendor supplied patch for this issue.