Most internet traffic wasn't even over SSL. It wasn't enforced until 2018!
No CORS (first standardized in 2014), no cross-site protection (first standardized in 2012).
Everything was the Wild West.
Flash was fine and could have adopted the same mechanisms.
If Adobe (or the earlier owners) had open sourced the player and the format standard, they could have won and had the best authoring tool for the format.
To this day, Flash is the only downloadable binary bundle format that can still run on your PC after being downloaded. You can't download and SVG animation. It's a bundle of brittle web tech slop.
This is not correct. CORS doesn’t protect anything, it removes security barriers. The same-origin policy that stops cross-site requests goes back to the 90s, it’s been in there about as long as JavaScript.
It also became clear that the source code was borderline unmaintainable and/or Adobe lost everyone who knew or cared about it after they bought Macromedia.