Moodle 2.8.5, 2.7.7 and 2.6.10 are now available via the usual open download channels: https://download.moodle.org or Git.
In addition to a number of bug fixes and small improvements, security
vulnerabilities have been discovered and fixed. We highly recommend
that you upgrade your sites as soon as
possible. Upgrading should be very straightforward. As per our usual
policy, admins of all registered Moodle sites will be notified
security issue details directly via email and we'll publish details more
widely in a week.
Other details can be found in our notes for each release:
Note that 2.6 branch is supported for security fixes only and the support will end in May 2015. If you are running Moodle 2.6, now is a good time to upgrade.
Only two months until the major release of Moodle 2.9 with even more new features and improvements from the core team and community contributors.