User interaction is required to exploit this vulnerability in that the target must visit a malicious page or open a malicious file. The specific flaw exists within the connect method exposed via the ActionScript native object number 2200. If this function is called several times with differing strings, a memory corruption issue can be triggered. This can be exploited by remote attackers to execute arbitrary code under the context of the user running the web browser.
Patch Availability:
Adobe has issued an update to correct this vulnerability. More details can be found at:
http://www.adobe.com/support/security/bulletins/apsb10-16.html