It’s also strictly speaking not a privilege escalation, it’s “see things you’re not supposed to.”, such as all sorts of secrets. The attacker does not gain any write or execution privileges, though.
OMG, I didn't know that. Thanks.
If you feel paranoid, you might also want to disable JS by default and only enable by whitelist on any machines that hold particularly sensitive or valuable data.
See the "Fantastic Timers" paper. Link to HN discussion: https://news.ycombinator.com/item?id=16080235
The attack is already pretty damn slow (1kB/s) in C, if you have to collect a statistically significant sample in JS it might well slow down enough to not really work properly.
Does that mean that we are soon going to be vulnerable to remote exploits via WASM as well? Do mitigation attempts such as reducing the JavaScript timing resolution aslo apply to WASM?