Adobe has been forced into issuing an emergency patch for their media player due to loopholes that have left them wide open to a “limited number of attacks”.
The widely used software has been victim to attackers abusing security holes that would enable attackers to gain access to a computer in order to steal data or monitor what a user was doing.
Adobe has urged people to apply the patch at their earliest opportunity having given the risks their highest possible rating of critical. The problems occur in many of the Abode programs and not just Flash player.
The risk is not isolated to just Windows machines either but also Macs and Linux as well as smartphones that are running on either Android or iOS systems.
The company was first alerted to the issue by security experts at various well known organizations such as Alibaba, Google, Kaspersky and Microsoft.
The threat is seen as a huge blow to the company with many security firms now advising people to uninstall Flash player to avoid falling victim to an attack. The attacks appear to be centered on malicious attachments or booby-trapped webpages.
Many businesses have stopped using flash altogether to ensure that they avoid any such attacks.
Both Firefox and Google Chrome have closed down various vulnerabilities with Chrome paying bug bounties of around $13,000 to two researchers who have identified the loopholes.
Microsoft also said that they had closed down 13 problems in several different programs that included Internet Explorer and Edge browsers.
It remains to be seen whether it will be possible for Adobe to regain their credibility in the forthcoming months.
Adobe security update: The emergency patch for Flash is available here