Adobe Says Security Fix for Flash Player in the Works
Sep 14, 2010, 10:46 AM by Eric M. Zeman
Adobe recently issued a security alert about a vulnerability discovered in Flash Player 10.1.92.10 for Android (and other platforms). Adobe explains on its web site, "This vulnerability could cause a crash and potentially allow an attacker to take control of the affected system. There are reports that this vulnerability is being actively exploited in the wild against Adobe Flash Player on Windows. We are in the process of finalizing a fix for the issue and expect to provide an update for Adobe Flash Player for Windows, Macintosh, Linux, Solaris, and Android operating systems during the week of September 27, 2010." Adobe has classified the security flaw as "critical" and suggests that users are cautious and keep their security and mal-ware software up to date.
Comments
If you don't want to bother uninstalling
menu->Settings->Enable plugins->set it to "On Demand"
This way you control if flash content will play.
It should also be known that they've only sucessfully exploited this on Windows (PC) devices, not android, mac, etc.
To be sure, vulnerabilities are never a good thing, but let's not blow this out of proportion.