CVE 2011-4587
lib/moodlelib.php in Moodle 1.9.x before 1.9.15, 2.0.x before 2.0.6, and 2.1.x before 2.1.3 does not properly handle certain zero values in the password policy, which makes it easier for remote attackers to obtain access by leveraging the possible existence of user accounts that have unchangeable blank passwords.
See the
CVE page on Mitre.org
for more details.