if you're already on 4.3 you are probably safe from an update even if the wii was originally korean and poorly region changed, the only way to brick would be if a stock IOS80 were installed during the update, which would only happen in an official update if the custom IOS80 installed during the region change was set to a lower version, which pretty much no guides would have you do. But in theory if someone were to poorly region change from korean to something else (leaving behind the korean key in the seeprom), and install IOS60 to slot 80 with version number of 1 for example, an official update would install a stock IOS80 leading to 003 brick.
If your wii was never originally korean, an official update shouldn't cause 003 brick. But in theory, if someone were to add the korean key to the seeprom using korean kii, it would be possible to 003 brick the same way a poorly region changed korean wii could as described above. But pretty much no one is doing this afaik, it would almost have to take someone going out of their way to set a trap for someone else to 003 brick themselves for this to happen.
TLDR: if your wii was not originally korean, an official update should be just as safe as any other method (i.e. just the risk of power loss at critical moment). But ModMii is slightly safer as it protects against 003 bricks even in super rare scenarios that are very unlikely (but when applied to a large enough same size, it will apply to some ppl for sure)
edit:
to simplify, 003 bricks are caused when the korean key is found in the seeprom and the system menu is running off of IOS70 or IOS80 (if an unstubbed IOS60 is installed to slots 70 or 80 then it's fine even if the korean key is in the seeprom)