A race condition was addressed with improved state handling. This issue is fixed in macOS Monterey 12.1, watchOS 8.3, iOS 15.2 and iPadOS 15.2, tvOS 15.2. A malicious application may be able to execute arbitrary code with kernel privileges.
https://support.apple.com/en-us/HT212980
https://support.apple.com/en-us/HT212978