Apple offers the download for iOS 16.1.1 and iPadOS 16.1.1 as well as macOS Ventura 13.0.1. You should update immediately.
In addition to some minor improvements to the recently available current versions, a major security vulnerability has been plugged. The libxml2 library on the original versions allows some code to be executed on your device. libxml2 is used to work with XML documents.
So: best to go to the (system) settings and then trigger the update: a few userbugfixes and a closed security hole – more motivation for an update shouldn’t be necessary :).