Be aware: if you update ColdFusion to run using the latest JVM updates (released July 18, 2023), you will encounter challenges, which have solutions as I describe here.
You will find that you can no longer INSTALL CF updates via the CF admin, if CF is using this new Java version. And even if the CF update is run from the command line, if using this newer Java version that also will fail. In either case, there is a new JVM argument that solved the problem, as I discuss below.
This is happening in CF2023, 2021, and 2018. (And this may continue to happen with future JVM updates, until Adobe otherwise addresses the problem.)
As an update, when I first created this post on Jul 21, another problem was that you would find that you could no longer use the CF Administrator to download CF updates, if CF was runnign this new Java version. You would get an error reporting, "Failed Signature verification"--or in some cases you may see only "error failed". But within a couple of weeks, I found that the CF Admin COULD now download updates (including the August 2023 CF update) but the CF update STILL fails to install correctly, as discussed in this post, unless the workaround offered is used.
FWIW, Adobe has also updated the technotes for CF2021 update 10 and CF2023 update 4 with a text box at the top that acknowledges this issue and points to this post for more detail.
In this post, I explain a) what this is all about, then b) how you can fix the problem of INSTALLING the update using the CF Admin, I'll explain how it seems we HAVE to workaround that problem (for now). I also offer a link to a bug report I've filed. I even offer a thought on how this new JVM update may prove over time to affect MORE than just this, and even MORE than just CF (and Lucee) but many java apps. Read on for more.