These patches to iPadOS and iOS address an exploited vulnerability in WebRTC.
About the security content of iOS 17.0.3 and iPadOS 17.0.3 – Apple Support
Get them done – and check the rest of your team get them done as well.
Clive Catton MSc (Cyber Security) – by-line and other articles
My advice: Either you or your IT support need to check whether these issues impact your systems. You need to have a master document that details your systems, hardware, software, online, networks, back-ups, suppliers etc – so when cyber security (or operational) issues arise you and your support teams can quickly check if you are affected. From there you can take fast, effective action.