No idea about the frequency of this update, but the main thing is that it wasn't a Microsoft update, it was a CrowdStrike update in a piece of their software. Unlike usual Windows updates, updates like that can't reasonably be delayed by a week (or days), since otherwise one might as well not have any protection software at all.
Gonna be quite a hassle, so far the main fix is to manually delete a certain file, so affected computers need to be accessed manually. VM's need a different kind of workaround, disconnecting disks, connecting them to a new VM, fixing it, disconnecting again, connecting them back to the original VM.
Someone at CrowdStrike is having a bad day. Like thousands of IT personell in the world, who'll make massive overtime today and the next few days..