This can have security implications when the expected synchronization is in security-critical code, such as recording whether a user is authenticated or modifying important state information that should not be influenced by an outsider.
A race condition occurs within concurrent environments, and is effectively a property of a code sequence. Depending on the context, a code sequence may be in the form of a function call, a small number of instructions, a series of program invocations, etc.
A race condition violates these properties, which are closely related:
Exclusivity - the code sequence is given exclusive access to the shared resource, i.e., no other code sequence can modify properties of the shared resource before the original sequence has completed execution.