The paper Cryptanalysis of Aggregate Γ-Signature and Practical Countermeasures in Application to Bitcoin defines a way to forge valid Γ-signatures, an algorithm that is used in the Biscuit specification version 1. It would allow an attacker to create a token with any access level.
As Biscuit v1 was still an early version and not broadly deployed, we were able to contact all known users of Biscuit v1 and help them migrate to Biscuit v2. We are not aware of any active exploitation of this vulnerability.
There is no known workaround, any use of Biscuit v1 should be migrated to v2.