Current news about Java vulnerabilities have been the talk of both tech and mainstream press. The U.S. Department of Homeland Security issued a warning of this vulnerability on Thursday January 10, 2013. On Friday January 11, 2013 we received numbers of called from users that their computers were infected by malware on that day. Security softwares such as Malwarebytes Anti-Malware and Microsoft Security Essentials detected the presence of malicious Java codes in the computers.
Companies like Apple and Mozilla Foundation have been pro-actively blocked Java on their platform.
This is certainly not the first time Java has been exploited to deliver malware. Back in August 2012 similar outbreak of malware used Java vulnerability as point of entry. Oracle says that they are preparing an update to Java to address the vulnerability.