The change_process_uid function in os-posix.c in Qemu 0.14.0 and earlier does not properly drop group privileges when the -runas option is used, which allows local guest users to access restricted files on the host.
Buffer overflow in the usb_host_handle_control function in the USB passthrough handling implementation in usb-linux.c in QEMU before 0.11.1 allows guest OS users to cause a denial of service (guest OS crash or hang) or possibly execute arbitrary code on the host OS via a crafted USB packet.