Patches in SCCM console shows as “Not Required” for Jan 3 out of band patches.
KB4056897, KB4056898 and KB4056890 KBs for server operating systems

“Allow Regkey” to be created on all OS platform where update is required.

Provided in below links:
1. Create package to allow registry entry on server – No reboot required for this step.
[HKEY_LOCAL_MACHINE\SOFTWARE\Microsoft\Windows\CurrentVersion\QualityCompat]
"cadca5fe-87d3-4b96-b7fb-a231484277cc"=dword:00000000

2. Initiate Scan to receive the latest security patches

3. Create Deployment(s) in SCCM and deploy on to clients

4. Create sccm package and deploy on client machines to add 3 registry values to Enable the Fix – Restart required
reg add "HKEY_LOCAL_MACHINE\SYSTEM\CurrentControlSet\Control\Session Manager\Memory Management" /v FeatureSettingsOverride /t REG_DWORD /d 0 /f
reg add "HKEY_LOCAL_MACHINE\SYSTEM\CurrentControlSet\Control\Session Manager\Memory Management" /v FeatureSettingsOverrideMask /t REG_DWORD /d 3 /f
reg add "HKLM\SOFTWARE\Microsoft\Windows NT\CurrentVersion\Virtualization" /v MinVmVersionForCpuBasedMitigations /t REG_SZ /d "1.0" /f

5. Restart the server

Refer the below Links for more detail

Microsoft KBs -

Jan 2018 Release

Server 2012 R2

Server 2016 x64

Server 2008 R2

Important Link related to vulnerability for more details:
Additional guidance

Windows Server guidance to protect against speculative execution side-channel vulnerabilities

ADV180002 | Guidance to mitigate speculative execution side-channel vulnerabilities

Important: Windows security updates released January 3, 2018, and antivirus software

Important Information for Trend Micro Solutions and Microsoft January 2018 Security Updates (Meltdown and Spectre)