It is vital to keep your WordPress Plugins up to date. The reason that you want to keep your plugins updates is primarily due to security risks. Not all plugin updates are security updates, but developers often update security issues at the same time that they update features.
I highly recommend that you update your plugins first thing in the morning. This way if something does go wrong or something crashes, you won’t be trying to recover a full days work. Also, before you get started on this make sure that you are able to log into your Cpanel for your website. If there is a hiccup, you want to be able to restore your site quickly.
How to update a WordPress Plugin
Log in to WP dashboard
Scroll down and hover your mouse pointer to "Plugin"
Click "Installed Plugins"
Scroll down and check if there are new versions of your plugin
Click "Update Now"
Note: Only update 1 plugin at a time
Then preview your site and make sure everything looks good
Note: Always keep your plugins updated to avoid security risks