Solved FOX News Channel Streaming Security

I want to get FOX News Channel streaming on my PC. When I select that, I get an Adobe Flash warning that FOX Newsplayer wants to store data on my pc (see attachment Info-01). I don't allow it and instead try selecting Watch Live and a particular show, It then asks for my cable provider. It flashes up a screen asking for my userid and password, but before I can do anything the screen is gone and I get a second warning about unsecured transmission of userid/password (see attachment Info-02).

Is the Adobe Flash warning a concern of what FOX newsplayer could store on my machine (virus, malware et al)? Is the second warning about unsecured transfer of userid/password a legitimate threat that they could be intercepted? Or is that just another Windows meaningless warning.

Thank you for your help. If either is a security concern I would forgo FOX News Channel streaming rather than expose my pc's security.

W7 Version 6.1;

Thanks jmarket for your quick response. I understand about Flash player cookies not being a problem. Just to be sure that I understand correctly: the warning about unsecured sending of the cable provider userid & password is not a risk of its being hijacked?

The forum locked me out of finishing the above post. I wanted to ask what sites such as FOX will use instead of Adobe Flash?

Thanks again, jmarket.