Adobe yesterday released urgent security update for Android 4.x (Adobe Flash Player 220.127.116.11). Android 2.x, 3.x (Adobe Flash Player 18.104.22.168). Macintosh, Windows (Flash Player 22.214.171.124) and Linux. These Updates are to “address an object confusion vulnerability (CVE-2012-0779) that could cause the application to crash and potentially allow an attacker to take control of the affected system.” To make sure which version of Adobe Flash Player you are running on your Android device, go to Settings > Applications > Manage Applications > Adobe Flash Player x.x.
Google play on an Android 3.x and 2.x device
Google play on an Android 4.x device