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Forced update to V27.7, and now existing PNG files I've used 100s of times are importing a completely different color!
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Do those PNGs have a color profile embedded?
Did you check Illustrator's color settings?
In case this update has been done automatically by the Creative Cloud app: you know that you can deactivate automatic updates, right?
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Your Document Color Settings are probably different from the color profile that was used to create the PNG.
Illustrator ignores (or just does not see) the profile of a PNG (if it has one) and assumes the Document color profile.
Document color profile can be found here: