MITRE ATT&CK

Adversaries may execute their own malicious payloads by hijacking vulnerable file path references. Adversaries can take advantage of paths that lack surrounding quotations by placing an executable in a higher level directory within the path, so that Windows will choose the adversary's executable to launch.

Service paths (Citation: Microsoft CurrentControlSet Services) and shortcut paths may also be vulnerable to path interception if the path has one or more spaces and is not surrounded by quotation marks (e.g., C:\unsafe path with space\program.exe vs. "C:\safe path with space\program.exe"). (Citation: Help eliminate unquoted path) (stored in Windows Registry keys) An adversary can place an executable in a higher level directory of the path, and Windows will resolve that executable instead of the intended executable. For example, if the path in a shortcut is C:\program files\myapp.exe, an adversary may create a program at C:\program.exe that will be run instead of the intended program. (Citation: Windows Unquoted Services) (Citation: Windows Privilege Escalation Guide)

This technique can be used for persistence if executables are called on a regular basis, as well as privilege escalation if intercepted executables are started by a higher privileged process.