Useful link to only apply security updates to RHEL and Fedora: http://www.cyberciti.biz/faq/redhat-fedora-centos-linux-yum-installs-security-updates/

Synopsis:

# yum install yum-security

How Do I Display Available Security Updates?

Type the following command:
# yum list-security
Sample Outputs: 

Loaded plugins: rhnplugin, security
RHSA-2009:1148-1 security httpd-2.2.3-22.el5_3.2.x86_64
RHSA-2009:1148-1 security httpd-devel-2.2.3-22.el5_3.2.i386
RHSA-2009:1148-1 security httpd-manual-2.2.3-22.el5_3.2.x86_64
RHSA-2009:1148-1 security mod_ssl-1:2.2.3-22.el5_3.2.x86_64
list-security done

To list all updates that are security relevant, and get a reutrn code on whether there are security updates use:
# yum --security check-update
To get a list of all BZs that are fixed for packages you have installed use:
# yum list-security bugzillas
To get the information on advisory RHSA-2009:1148-1 use:
# yum info-security RHSA-2009:1148-1