When you say "placing my computer at risk", I presume you mean in terms of its security. Given that Microsoft has stated the following on the update page:
(http://support.microsoft.com/kb/2962407)
"This update rollup package includes
performance and reliability improvements. We recommend that you apply this update rollup as part of your regular maintenance routines."
and viewing the list of issues that follows, I doubt that there is anything to worry about security-wise.