Latest Java installation has serious zero-day vulnerabilities
The current TWO releases of Java 7 - update 9 and 10 have serious issues which are now being exploited - so much so, that security professionals are suggesting disabling Java in your browser
Google Search for News/Pages on the Vulnerability:
NetworkWorld.com Article on the vulnerability/exploits:
Blog on the Problem:
Quick "how-to" on manually checking that you have the latest Java (which is still vulnerable):
(disclosure - the last two are our sites - if that crosses a line - please delete the links mods).
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It's ALL perspective - get some. No - I am NOT addressing YOU!