Upgrade to version 0.3e or higher, as it has been reported to fix this vulnerability. An upgrade is required as there are no known workarounds.
Vendor URL: http://ibsh.sourceforge.net/
Vendor Specific News/Changelog Entry: http://sourceforge.net/project/shownotes.php?release_id=332217
Secunia Advisory ID:15591
Related OSVDB ID: 17300