In some circumstances, such as internationalization, the set of format strings is externally controlled by design. If the source of these format strings is trusted (e.g. only contained in library files that are only modifiable by the system administrator), then the external control might not itself pose a vulnerability.

While Format String vulnerabilities typically fall under the Buffer Overflow category, technically they are not overflowed buffers. The Format String vulnerability is fairly new (circa 1999) and stems from the fact that there is no realistic way for a function that takes a variable number of arguments to determine just how many arguments were passed in. The most common functions that take a variable number of arguments, including C-runtime functions, are the printf() family of calls. The Format String problem appears in a number of ways. A *printf() call without a format specifier is dangerous and can be exploited. For example, printf(input); is exploitable, while printf(y, input); is not exploitable in that context. The result of the first call, used incorrectly, allows for an attacker to be able to peek at stack memory since the input string will be used as the format specifier. The attacker can stuff the input string with format specifiers and begin reading stack values, since the remaining parameters will be pulled from the stack. Worst case, this improper use may give away enough control to allow an arbitrary value (or values in the case of an exploit program) to be written into the memory of the running program.

Frequently targeted entities are file names, process names, identifiers.

Format string problems are a classic C/C++ issue that are now rare due to the ease of discovery. One main reason format string vulnerabilities can be exploited is due to the %n operator. The %n operator will write the number of characters, which have been printed by the format string therefore far, to the memory pointed to by its argument. Through skilled creation of a format string, a malicious user may use values on the stack to create a write-what-where condition. Once this is achieved, they can execute arbitrary code. Other operators can be used as well; for example, a %9999s operator could also trigger a buffer overflow, or when used in file-formatting functions like fprintf, it can generate a much larger output than intended.