Adobe has updated their AIR and Flash Player on the supported platforms.
Google has already updated their Chrome browser with the updated build. Mozilla too has updated their Firefox browser with this update.
You can of course download and update these components manually.
Adobe spoke about the updates:
AIR 3.3 brings easier application deployment on devices, improvements like texture streaming support for Stage3D and stylus support for Android 4.0. It also throttles resource usage when games or applications are running in background. In addition to the enhancements in AIR 3.3, we are introducing new features in Flash Player 11.3 to enable more immersive experiences, especially for gaming. Developers can now build games allowing users complete keyboard input while remaining in full screen mode, preserving full throttled immersion in games.