KVM (on Intel) Virtualization Vulnerability
When KVM (on Intel) virtualizes another hypervisor as L1 VM it does not verify that VMX instructions from the L1 VM (which trigger a VM exit and are emulated by L0 KVM) are coming from ring 0. This means that a normal user space program running in the L1 VM can trigger KVMs VMX emulation which gives a large number of privilege escalation vectors (fake VMCS or vmptrld / vmptrst to a kernel address are the first that come to mind). As VMX emulation code checks for the guests CR4.VMXE value this only works if a L2 guest is running. A somewhat realistic exploit scenario would involve someone breaking out of a L2 guest (for example by exploiting a bug in the L1 qemu process) and then using this bug for privilege escalation on the L1 system.