Oracle released 40 new Java security fixes. 37 of the vulnerabilities may be remotely exploitable without authentication.
The upcoming security changes in Oracle Java address three long-standing issues with the Java security model.
Most drive-by exploit kits use a minimal exploit shellcode that downloads and runs the final payload.
If you are still using Java, you insist on updating in manually and you haven't gotten around to installing the latest Critical Patch Update released a week ago, you are advised to do it now, as an exploit for one of the vulnerabilities it patched has been incorporated into a popular exploit kit and is being actively used in the wild.
Oracle’s Java SE Critical Patch Update for April 2013 contains 19 CVEs with CVSS base score of 10 (the highest you can go) indicating that exploiting the vulnerability is not particularly challenging and could give complete control of compromised systems.