A race condition was addressed with improved state handling. This issue is fixed in macOS Big Sur 11.6.2, tvOS 15.2, macOS Monterey 12.1, Security Update 2021-008 Catalina, iOS 15.2 and iPadOS 15.2, watchOS 8.3. A malicious application may be able to elevate privileges.
https://www.zerodayinitiative.com/advisories/ZDI-22-360/
https://support.apple.com/en-us/HT212981
https://support.apple.com/en-us/HT212980
https://support.apple.com/en-us/HT212979
https://support.apple.com/en-us/HT212978