Windows 95 is long gone from modern Windows version.
Actually that's not true, as demonstrated by the MS14-064 (it's a bug that affects Win8 and also Win95).
As a sidenote, Win95 is not an ancestor of Windows8. Win8 is a member of the WinNT family, its lineage going back to the first version of Windows NT, which was curiously called Windows NT 3.1 (released in 1993).
The other line of Windowses (the one going from Windows 1.0 to Windows ME) ran in parallel and the two families sometimes shared some code but that's all, Win8 does not come from Win95.