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 application explicitly trusting a string's length embedded within a particular file loaded by the 3difr.x3d component. The application will duplicate an arbitrarily sized string into a statically sized buffer located on the stack. This can lead to code execution under the context of the application.
Patch Availability:
Adobe has issued an update to correct this vulnerability. More details can be found at:
http://www.adobe.com/support/security/bulletins/apsb11-16.html