cfgcon in IBM AIX 5.2 and 5.3 does not properly validate the argument to the "-p" option to swcons, which allows local users in the system group to create or overwrite an arbitrary file, and enable world writability of this file, by using the file's name as the argument.
https://exchange.xforce.ibmcloud.com/vulnerabilities/38154
http://www.securityfocus.com/bid/26258
http://www-1.ibm.com/support/docview.wss?uid=isg1IZ03061
http://www-1.ibm.com/support/docview.wss?uid=isg1IZ03055
http://secunia.com/advisories/27437
http://labs.idefense.com/intelligence/vulnerabilities/display.php?id=611