According to Droid Life, Verizon will be releasing a software update for the Galaxy S7 and Galaxy S7 edge on November 21st. The carrier hasn't updated its support pages yet, but the update should bring the November security patch to these phones, or at least a fix for the KRACK Wi-FI exploit. Nothing is certain, though, so we'll have to wait and see what the new update will entail for Samsung's 2016 Galaxy S flagships on North American's largest carrier.
Verizon Galaxy S7 and Galaxy S7 edge update
Verizon had recently released an update for the Galaxy S8 and Galaxy S8+, but it was a maintenance update for fixing an issue introduced by the update with the October patch and did not include the security patches for November. That's not to say the Galaxy S7 and S7 edge won't get the November update either, as Samsung has been focusing on older devices this month and neglecting both the Galaxy S8 and Galaxy Note 8 as far as the latest security fixes are concerned.
Not that we're complaining, since there's no reason older devices shouldn't continue to get the same level of support as newer ones – we're just hoping that this means Samsung is hard at work on the Android 8.0 Oreo update for at least the Galaxy S8.