You can also use update ... from
syntax and use a mapping table. If you want to update more than one column, it’s much more generalizable:
update test as t set
column_a = c.column_a
from (values
('123', 1),
('345', 2)
) as c(column_b, column_a)
where c.column_b = t.column_b;
You can add as many columns as you like:
update test as t set
column_a = c.column_a,
column_c = c.column_c
from (values
('123', 1, '---'),
('345', 2, '+++')
) as c(column_b, column_a, column_c)
where c.column_b = t.column_b;