The following errata for CentOS-2 have been built and uploaded to the centos mirror:
RHSA-2007:0015-01 Moderate: ImageMagick security update
Files available: ImageMagick-5.3.8-18.c2.1.i386.rpm ImageMagick-c++-5.3.8-18.c2.1.i386.rpm ImageMagick-c++-devel-5.3.8-18.c2.1.i386.rpm ImageMagick-devel-5.3.8-18.c2.1.i386.rpm ImageMagick-perl-5.3.8-18.c2.1.i386.rpm
More details are available from the RedHat web site at https://rhn.redhat.com/errata/rh21as-errata.html
The easy way to make sure you are up to date with all the latest patches is to run: # yum update