Article at Secunia:
http://secunia.com/advisories/17430/
Security bulletin from Macromedia:
http://www.macromedia.com/devnet/sec...mpsb05-07.html
Summary of the summary:
Pacth available, or upgrade to Flash Player 8.Summary
A vulnerability in Macromedia Flash Player 7 has been identified that could allow the execution of arbitrary code.
Affected Software Versions
Flash Player 7.0.19.0 and earlier