Apple Mac OS X Foundation Framework vulnerable to buffer overflow

Overview
A buffer overflow in Mac OS X Foundation Framework's processing of environment variables may lead to elevated privileges.

I. Description
A vulnerability is present Mac OS X Foundation Framework shipped in version 10.3.9 of Mac OS X and Mac OSX Server. There is a flaw in the handling of environment variables that may lead to a buffer overflow condition. It is reported that this vulnerability is locally exploitable.

II. Impact
Explotation of this vulnerability may lead to the execution of arbitrary code with elevated privileges.

III. Solution
Apple has released Security Update 2005-005, http://docs.info.apple.com/article.html?artnum=301528. to address this issue and several other security related issues.

References
http://secunia.com/advisories/15227/
http://docs.info.apple.com/article.html?artnum=301528
http://www.net-security.org/vulnerability.php?id=16077