Earlier quoted context omitted.
"System Integrity Protection (SIP)" seems to be the correct name here, for anyone as confused as me :) (More details here: https://support.apple.com/en-us/102149 )
Original author here. Thanks for spotting the typo, fixed. WRT security implications of disabling SIP - I don't think OS becomes any less vulnerable than usual Linux/Windows installation.
Maybe for an automated test CI/CD running system (which is probably the main use-case), but not on anything that users would interact with.