Greg MacManus, of iSIGHT Partners Labs, found a security problem
in several recent versions of nginx. A stack-based buffer
overflow might occur in a worker process while handling a
specially crafted request, potentially resulting in arbitrary code
execution (CVE-2013-2028).
1.1.19 is a development version. IMHO it is always better to prefer
stable in production environments. 1.2.8 or 1.4.1 depending on your
needs/requirements.
Check the changes from 1.2 or 1.4 http://nginx.org/en/download.html
to
decide what is better for you (there are only few security alerts, most
of
entries are bugfixes)
Consider using nginx packages http://nginx.org/en/linux_packages.html(available for Ubuntu), which
will keep you nginx updates to the most
recent version of your choice (stable or ‘mainline’ which I suppose is
development? or maybe old-stable 1.2.8?) via aptitude
the security leak is only affected in nginx 1.3.9 and 1.4.0. So just
find
out which version is currently in the ubuntu repository and decide if
you
can update or not.