bookreader So as far as BIOS goes, once its finished doing its job and handed control off to the operating system, it goes completely out of the loop. No security impact at that point.
This is true for a traditional BIOS and also an EFI BIOS, narrowly construed, but since the rise of APM and ACPI the OS is expected to run lots of motherboard firmware throughout its lifetime. Also, on Intel machines, various things happen via SMM, which runs code installed by the BIOS. All in all there is plenty of attack surface.