One of the statements from the article-”Microsoft rates the vulnerabilities as critical, affecting 32 and 64 bit versions of Windows 8.1, Windows RT 8.1, and Windows 10.”
Is Adobe Flash safe on Wondows 7?
No. Get the latest Flash here: https://get.adobe.com/flashplayer/
Installing Flash for one browser may not install it for your other browsers. Check each browser here:
http://www.adobe.com/software/flash/about/
List of programs affected by this latest vulnerability:
https://helpx.adobe.com/security/products/flash-player/apsb16-08.html