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CFI + ShadowCallStack are already doing a good job against very constrained memory corruption bugs. I don't see what any mitigations short of detecting/preventing memory corruption can realistically do against more dangerous primitives. You can simply change process privileges.
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ARMv8.5 memory tagging approach only has 4-bit tags. If you have 128-bit tags via fat pointers, you could have strong memory safety. At a certain point, it would be a whole lot less work and actually more performant to just implement memory safety instead of weak mitigations.
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MTE is quite powerful despite 4-bit tag limitation. It can be used to provide deterministic guarantees. It has explicit support for reserving tags. OS reserving a single tag for internal use allows it to protect all kinds of metadata, make 16 byte granularity 'guard pages', etc.
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ShadowCallStack, inline malloc metadata, freed allocations, etc. can be protected with a single reserved tag. Making sure adjacent allocations have different tags or having protected metadata between them wipes out small / linear overflows. Can do a lot more than random tags.
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I think it's far more compelling than PAC even if you disregard the ability to use random tags and use entirely deterministic ones. PAC is yet another attempt at targeting exploit techniques. Only protects specific pointers rather than memory in general. IMO, it's underwhelming.
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PAC is at odds with using the address space for exploit mitigations. It's directly opposed to approaches like splitting up the address space and avoiding reuse which is a *deterministic* UAF mitigation. It isn't just taking away bits from ASLR but also more interesting things.
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Those 'more interesting things' also include memory tagging since eventually it could be possible to use 24-bit or larger tags via unused upper bits. PAC is using up a bunch of those precious bits for an inherently very weak and hard to widely deploy probabilistic mitigation.
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