In the Linux kernel, the following vulnerability has been resolved: drm/virtio: Fix GEM handle creation UAF Userspace can guess the handle value and try to race GEM object creation with handle close, resulting in a use-after-free if we dereference the object after dropping the handle's reference. For that reason, dropping the handle's reference must be done *after* we are done dereferencing the object.
The product reuses or references memory after it has been freed. At some point afterward, the memory may be allocated again and saved in another pointer, while the original pointer references a location somewhere within the new allocation. Any operations using the original pointer are no longer valid because the memory "belongs" to the code that operates on the new pointer.