SMBLoris affects all three SMB protocol versions + Samba
The two discovered a flaw in the SMB protocol and affects all three versions — SMBv1, SMBv2, and SMBv3 — but also the Samba Linux server that provides SMB interoperability with Linux systems.
The vulnerability allows an attacker to open a connection to a remote computer via the SMB protocol and instruct that computer to allocate RAM to handle the connection. The attacker doesn't have to be authenticated.
The SMBLoris flaw is dangerous because it allows an attacker to open tens of thousands of connections to the same machine, exhausting its RAM and potentially crashing the target's computer.
The vulnerability does not allow remote code execution, which means an attacker can't take over vulnerable computers, but only crash them, at best.