An unauthenticated attacker on the WAN interface, with the ability to intercept Dynamic DNS (DDNS) traffic between DDNS services and the modem, could manipulate specific responses to include code that forces a buffer overflow on the modem.
Customers that have not enabled Dynamic DNS on their modem are not vulnerable.
A patch has been deployed by Viasat through the auto-update mechanism. Make sure you're running on a version above 4.3.0.2 to validate that your modem was updated.
Configurations
Dynamic DNS feature must be enabled for the modem to be vulnerable.