Apple is working on iOS 7.1.2 update. Devices running the new firmware have been appearing in web logs since last Friday.
According to Macrumors "Activity is still low, but that is typical for the early stages of update testing, particularly minor ones that may not require widespread internal or external testing. As a minor update, iOS 7.1.2 is likely to focus on bug fixes and other tweaks rather than major feature additions, and it likely will not even be put through a developer testing period before release."
