now our farm configuration database version is 15.0.4753.1000 and before install latest October windows OS updates
Do we install latest CU of SharePoint or
Install latest windows updates and install new CU updates?
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The above-mentioned methods can be applied with the same result , But the second option is so time wasting because of :
So it's a waste time to install SP security update via MU/WU that already included at CU.
Also, you should check the following important points before applying CU :