The process_packet function in ntp_proto.c in ntpd in NTP 4.x before 4.2.8p8 allows remote attackers to cause a denial of service (peer-variable modification) by sending spoofed packets from many source IP addresses in a certain scenario, as demonstrated by triggering an incorrect leap indication.
The product contains a concurrent code sequence that requires temporary, exclusive access to a shared resource, but a timing window exists in which the shared resource can be modified by another code sequence operating concurrently.