No. This was specific to Outlook. Per the KB:
This security update was rereleased on November 11, 2015 for Windows 7 and Windows Server 2008 R2 to resolve an issue where crashes occurred in all supported versions of Microsoft Outlook when users were reading certain emails.
One of my co-workers, whose Win 7 was set to auto updates, fell prey to the bad update. I uninstalled it and rebooted (without shutting off auto update) and it promptly was re-installed and crashed Outlook. Next I shut off auto update and uninstalled then rebooted. That solved the problem and I could hide the update so it doesn't mess with Outlook again.
That said, I need to know how to get rid of it entirely so I make sure I get the re-released update when I manually run Windows Update again.
Anyone??