Oracle has released Java Version 7 Update 11 which corrects recent zero day security issues.
Mac OS X System Requirements
• Intel-based Mac running Mac OS X 10.7.3 (Lion) or later.*
• Administrator privileges for installation
• 64-bit browser
Note that installing Java on a Mac is performed on a system wide basis, for all users, and administrator privileges are required. You cannot install Java on a single-user basis.
A 64-bit browser (Safari or Firefox, for example) is required to run Java 7 on Mac OS X. 32-bit browsers such as Chrome do not support Java 7 on the Mac platform.
* Users with Mac OS X versions 10.6 and below should go to Software Update under the Apple menu to look for updates.
More info and download link here.
Related articles:
Oracle Corp to fix Java security flaw ‘shortly’ – January 12, 2013
Apple blocks OS X Java 7 plug-in as U.S. Department of Homeland Security warns of zero day threat – January 11, 2013
Apple makes OS X even more secure for Mac users by removing Java – October 19, 2012
Apple uninstalls Java applet plug-in from all web browsers – October 17, 2012
New zero-day Java exploit puts 1 billion PCs and Macs running OS X 10.6 or earlier at risk – September 26, 2012
Warning: New Java trojan targets Apple’s OS X along with Windows, Linux – July 11, 2012
Apple releases Java Update to remove Flashback trojan – April 12, 2012
OS X trojan variant preys on Mac users with unpatched Java – February 27, 2012
Jobs: Having Oracle, not Apple, release timely Java updates better for Mac users – October 22, 2010
Apple deprecates its release of Java for Mac OS X – October 21, 2010
Updated!
Do I really need this? What happens to the applications on the Mac that has some form of Java. Does this update override these Applications?