Following the release of the major 1.03 patch, From Software is following up their patch cycle with a smaller, hotfix type of patch. There are only 4 changes listed in the official patch notes, but 2 of those are pretty substantial. Specifically:

The Bestial Sanctum jump puzzle bug that caused players to instantly die near the start of the jump puzzle in that area is finally fixed. Players can once again jump to the bottom of the ruins behind the Bestial Sanctum, and obtain the Cinquedea dagger and Dragoncrest Shield Talisman as a reward. See here for a guide on completing the puzzle.
The bug in the code that allowed enemy players to teleport your character to a faraway map spot, causing your character to be stuck in a perpetual falling death loop and thus essentially deleting your save file, has been fixed. You can now enjoy PvP without having to worry about losing your save file!

ELDEN RING : Patch Notes 1.03.2

ELDEN RING Patch

Notice of Update Distribution

We are distributing this new update to fix several bugs in patch 1.03

We apologize for the inconvenience, but please apply the latest update before you enjoy the game.

Targeted Platform

PlayStation 4
PlayStation 5
Xbox One
Xbox Series X|S
Steam

Major items included in the latest update

Fixed a bug that sometime prevented players from advancing NPC Nepheli Loux’s questline
Fixed a bug that causes the playable character to die when trying to descend from a spot near Bestial Sanctum
Fixed a bug that prevented Ash of War, Endure from taking effect
Fixed a bug in multiplayer that allowed players to teleport others to incorrect map coordinates

The version number of this update shown at the lower right corner of the Title Screen will be as followed

App Ver. 1.03.2

Regulation Ver. 1.03.2

※Online play requires the player to apply this update