I am not sure, but my read on the original disclosure is no. libvips itself has a variant processor for matlab v5 files, which the exploit took advantage of.
Correct, which is how the ActiveStorage gem was patched. After this, Rails raises a Vips::Error: VipsForeignLoad exception on an attempted variant render of a malicious file. I plan on writing a technical detail post soon with some more code level details and "indicators of compromise" but this one was getting long. This is more for management to understand why wait to patch is a major issue. The discovery to active exploit attempt timeline is the story here.
Cloudflare or a WAF may or may not help. These can often catch and block specific bot traffic, but not every attack payload is delivered naively. It would be part of a defense in depth. Having the underlying vulnerability fixed is critically important. For those on AWS, WAF & Shield is also very useful but at the end of the day these let legitimate traffic through, such as legitimately uploading a file that only in its contents is malformed.
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