Apple has released iOS 16.0.3 to fix the vulnerability in various Apple devices. The list of vulnerability information can be found at:
https://support.apple.com/en-us/HT213480
A successful exploitation could lead to denial of service on an affected device.
Apple has released new version of iOS to address the issue.
The updates can be obtained through the auto-update mechanism. Users of affected systems should follow the recommendations provided by the product vendor and take immediate actions to mitigate the risk.