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CVE-2026-111038NVD status: Undergoing Analysis

Coupa Total Spend Management Platform: Improper Neutralization of Formula Elements in a CSV File

CVE-2026-111038 is a high-severity improper neutralization of formula elements in a CSV file vulnerability in Coupa Total Spend Management Platform from Coupa, with a CVSS 4.0 base score of 7.3 out of 10. It can be exploited remotely over the network by an attacker with a low-privileged account, but only if a user takes part, for example by opening a link or file. The record lists version 04/11/2026 as the first without the flaw, so updating Coupa Total Spend Management Platform to that release or later removes the exposure. There is no confirmed exploitation so far. EPSS estimates a 0.35% chance of exploitation within 30 days, which is low compared with other CVEs.

Next patch cycle

High severity with no evidence of exploitation so far.

What to do

  1. Update Coupa Total Spend Management Platform to 04/11/2026 or a later version.
  2. Because the attack needs a user to take part, warn users about unexpected links and files related to this product until it is patched.

Affected products and versions

VendorProductAffected versionsFixed in
CoupaCoupa Total Spend Management Platformbefore 04/11/202604/11/2026

Version data comes from the organisation that assigned the CVE. Confirm against the vendor advisory before deciding you are unaffected.

How the severity score breaks down

Attack vector
NetworkCan be exploited remotely over a network, including the internet.
Attack complexity
HighSuccess depends on conditions outside the attacker's control.
Attack requirements
PresentThe target must be in a specific state or configuration for the attack to work.
Privileges required
LowA basic user account is enough.
User interaction
ActiveA user must deliberately do something unusual, such as dismissing a warning.
Confidentiality (vulnerable system)
HighSerious loss of confidentiality on the vulnerable system.
Integrity (vulnerable system)
HighSerious loss of integrity on the vulnerable system.
Availability (vulnerable system)
HighSerious loss of availability on the vulnerable system.
Confidentiality (other systems)
NoneNo loss of confidentiality on systems beyond the vulnerable one.
Integrity (other systems)
NoneNo loss of integrity on systems beyond the vulnerable one.
Availability (other systems)
NoneNo loss of availability on systems beyond the vulnerable one.

Vector: CVSS:4.0/AV:N/AC:H/AT:P/PR:L/UI:A/VC:H/VI:H/VA:H/SC:N/SI:N/SA:N/E:X/CR:X/IR:X/AR:X/MAV:X/MAC:X/MAT:X/MPR:X/MUI:X/MVC:X/MVI:X/MVA:X/MSC:X/MSI:X/MSA:X/S:X/AU:X/R:X/V:X/RE:X/U:X. Scored by CNA (incibe.es).

Official description

CSV formula injection vulnerability in the export functionality of the Coupa Supplier Portal SaaS platform. The vulnerability arises because certain user-controlled data, such as event names or templates within the Tenders module, are not properly validated or sanitised before being included in CSV files generated by the application. An attacker with low privileges can input specially crafted values that begin with characters interpreted as formulas by spreadsheet applications. When a victim downloads and opens the generated file in a compatible client, the content may be interpreted as a formula, potentially leading to unauthorised actions such as the execution of commands via mechanisms such as DDE, access to information, or interaction with system resources under the victim’s context.

Source: the CVE record as published by its numbering authority, via NVD and CVE.org.

The underlying weakness: Improper Neutralization of Formula Elements in a CSV File

The product saves user-provided information into a Comma-Separated Value (CSV) file, but it does not neutralize or incorrectly neutralizes special elements that could be interpreted as a command when the file is opened by a spreadsheet product.

How developers prevent this class of flaw

  • When generating CSV output, ensure that formula-sensitive metacharacters are effectively escaped or removed from all data before storage in the resultant CSV. Risky characters include '=' (equal), '+' (plus), '-' (minus), and '@' (at).
  • If a field starts with a formula character, prepend it with a ' (single apostrophe), which prevents Excel from executing the formula.
  • Certain implementations of spreadsheet software might disallow formulas from executing if the file is untrusted, or if the file is not authored by the current user.

More Improper Neutralization of Formula Elements in a CSV File vulnerabilities (CWE-1236)

Timeline

  1. CVE record published.
  2. CISA published its SSVC assessment (exploitation: none, automatable: no, technical impact: total).
  3. Record last changed materially (score, affected products, status or references).

References

Other vulnerabilities in Coupa Total Spend Management Platform

All Coupa Total Spend Management Platform vulnerabilities

Recent Improper Neutralization of Formula Elements in a CSV File vulnerabilities

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