A race condition existed in the snapd 2.54.2 snap-confine binary when preparing a private mount namespace for a snap. This could allow a local attacker to gain root privileges by bind-mounting their own contents inside the snap's private mount namespace and causing snap-confine to execute arbitrary code and hence gain privilege escalation. Fixed in snapd versions 2.54.3+18.04, 2.54.3+20.04 and 2.54.3+21.10.1
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.