Can anyone here help me in understanding how to patch AIX machine.Its all vulnerability patching and i have sent an attachment with this saying what needs to be patched.I have not done patching at all.Can anyone help me with the steps on how to do the Patching.Whoever is helping i think this is a big help for me at this time.Thanks for that and also ,
You need a new OS. AIX 5.3 is out of support, out of extended support (that means you won't even get support for it if you'd be willing to pay for) and therefore you cannot get any patches.
Update to AIX 6.1 TL9 (at least) or 7.2 (preferably). You can download it from IBM if you have a valid support contract.
On a system running AIX 5.3 - AIX 7.2 is probably not going to run (as AIX 7.2 requires at least POWER7 hardware)
Depending on whether the patch you install is 'regular' or (as is often the case for security vulnerabilities) and ifix - the process will be different.