Illustrator version 26.5.2 (and earlier) and 27.2.0 (and earlier) are affected by an out-of-bounds write vulnerability that could result in arbitrary code execution in the context of the current user. Exploitation of this issue requires user interaction in that a victim must open a malicious file.
CWE-787 - Out-of-Bounds Write
Out-of-bounds write vulnerability is a memory access bug that allows software to write data past the end or before the beginning of the intended buffer. This may result in the corruption of data, a crash, or arbitrary code execution.