A race condition was addressed with improved locking. This issue is fixed in Security Update 2021-005 Catalina, iOS 14.8 and iPadOS 14.8, tvOS 15, iOS 15 and iPadOS 15, watchOS 8, macOS Big Sur 11.6. A malicious application may be able to execute arbitrary code with kernel privileges.
https://support.apple.com/en-us/HT212819
https://support.apple.com/en-us/HT212815
https://support.apple.com/en-us/HT212814
https://support.apple.com/en-us/HT212807