An out-of-bounds write issue was addressed with improved bounds checking. This issue is fixed in iOS 14.8.1 and iPadOS 14.8.1, iOS 15.1 and iPadOS 15.1. A malicious application may be able to execute arbitrary code with kernel privileges.
https://www.cisa.gov/known-exploited-vulnerabilities-catalog?field_cve=CVE-2021-30900
https://support.apple.com/kb/HT212872