KB3124263 is a cumulative update, and just like all cumulative updates, it doesn’t bring any major change to the system, but just some “improvements in the functionality.” It is also worth noting that the new update changes the operating system build number to 10586.63, making it same as current Windows 10 Mobile build. The support page with changelogs is already available, and it resolves the following vulnerabilities:

KB3124605 MS16-008: Security update for Windows kernel to address elevation of privilege: January 12, 2016 KB3124901 MS16-007: Security Update for Windows to address remote code execution: January 12, 2016 KB3124584 MS16-005: Security Update for Windows kernel-mode drivers to address remote code execution: January 12, 2016 KB3124275 MS16-001: Security update for Internet Explorer: January 12, 2016 KB3118753 Microsoft security advisory: Updates for ActiveX kill bits: January 12, 2016

Since this is a cumulative update, it will include all previously available updates, so if you already all updates, you’ll now get just the new changes. KB3124263 should be downloaded automatically through Windows Update for all users that are not into the Insider program. And if you want to check if it’s installed already, just head to Windows Update for Settings. As for users that are part of the Insider Program, they won’t receive the update, but there may be some patches available for them, too. Windows 10 Insiders are currently using build 11082, which is a first Redstone build, but they also should receive a new build in the coming weeks.

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