While the majority OSes implement martian packet filtering in their network stack, at least regarding 127.0.0.0/8, a rare few will allow packets claiming to be from 127.0.0.0/8 that arrive over physical network. On these OSes, if ntpd is configured to use a reference clock an attacker can inject packets over the network that look like they are coming from that reference clock. http://web.nvd.nist.gov/view/vuln/detail?vulnId=CVE-2016-1551
