A vulnerability has been identified in Microsoft Windows, which could be exploited by authenticated attackers to gain elevated privileges. This issue is caused by an error when running applications in the context of the NetworkService or LocalService accounts, which could be exploited to gain access to resources in processes that are also running as NetworkService or LocalService, and that have the ability to elevate their privileges to LocalSystem, allowing any NetworkService or LocalService processes to elevate their privileges to LocalSystem [...]
References
http://www.frsirt.com/english/advisories/2008/1264
http://www.microsoft.com/technet/security/advisory/951306.mspx
Credits
Vulnerability reported by the vendor.
ChangeLog
2008-04-18 : Initial release
Vulnerability Management
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