I've already covered the recent Acrobat and Reader exploits after Adobe announced the problems.
Today Adobe posted updates with patches for the exploited security holes. They are available at the usual sources.
Don't use Adobe Reader, Acrobat, Flash, AIR, Shockwave unless you really really have to! All of these Adobe free software systems have been long term security hole infestations and they show no sign of stopping the steady stream of problems. UNINSTALL THEM and use an alternative OR use something that blocks them until such time as you personally approve them to run on a site by site basis. That's an annoying compromise, but it works well.
Now back to my analyzing Apple's Java update, coming later today.
:-Derek (still has a headache).