diff --git a/README.md b/README.md
index 58f47094..cf6c8188 100644
--- a/README.md
+++ b/README.md
@@ -75,8 +75,8 @@ You need the following permissions to run this module.
 
 | Name | Source | Version |
 |------|--------|---------|
-| <a name="module_cbr_rule"></a> [cbr\_rule](#module\_cbr\_rule) | terraform-ibm-modules/cbr/ibm//modules/cbr-rule-module | 1.31.0 |
-| <a name="module_kms_key_crn_parser"></a> [kms\_key\_crn\_parser](#module\_kms\_key\_crn\_parser) | terraform-ibm-modules/common-utilities/ibm//modules/crn-parser | 1.1.0 |
+| <a name="module_cbr_rule"></a> [cbr\_rule](#module\_cbr\_rule) | terraform-ibm-modules/cbr/ibm//modules/cbr-rule-module | 1.31.2 |
+| <a name="module_kms_key_crn_parser"></a> [kms\_key\_crn\_parser](#module\_kms\_key\_crn\_parser) | terraform-ibm-modules/common-utilities/ibm//modules/crn-parser | 1.2.0 |
 | <a name="module_secrets"></a> [secrets](#module\_secrets) | ./modules/secrets | n/a |
 
 ### Resources
diff --git a/examples/basic/main.tf b/examples/basic/main.tf
index b6efd381..7f26f74f 100644
--- a/examples/basic/main.tf
+++ b/examples/basic/main.tf
@@ -1,6 +1,6 @@
 module "resource_group" {
   source  = "terraform-ibm-modules/resource-group/ibm"
-  version = "1.2.0"
+  version = "1.2.1"
   # if an existing resource group is not set (null) create a new one using prefix
   resource_group_name          = var.resource_group == null ? "${var.prefix}-resource-group" : null
   existing_resource_group_name = var.resource_group
diff --git a/examples/complete/README.md b/examples/complete/README.md
index a2e23b2f..af33ade8 100644
--- a/examples/complete/README.md
+++ b/examples/complete/README.md
@@ -15,9 +15,9 @@ This examples handles the provisioning of a new Secrets Manager instance.
 
 | Name | Source | Version |
 |------|--------|---------|
-| <a name="module_event_notification"></a> [event\_notification](#module\_event\_notification) | terraform-ibm-modules/event-notifications/ibm | 2.3.12 |
-| <a name="module_key_protect"></a> [key\_protect](#module\_key\_protect) | terraform-ibm-modules/kms-all-inclusive/ibm | 5.1.7 |
-| <a name="module_resource_group"></a> [resource\_group](#module\_resource\_group) | terraform-ibm-modules/resource-group/ibm | 1.2.0 |
+| <a name="module_event_notification"></a> [event\_notification](#module\_event\_notification) | terraform-ibm-modules/event-notifications/ibm | 2.4.3 |
+| <a name="module_key_protect"></a> [key\_protect](#module\_key\_protect) | terraform-ibm-modules/kms-all-inclusive/ibm | 5.1.8 |
+| <a name="module_resource_group"></a> [resource\_group](#module\_resource\_group) | terraform-ibm-modules/resource-group/ibm | 1.2.1 |
 | <a name="module_secrets_manager"></a> [secrets\_manager](#module\_secrets\_manager) | ../.. | n/a |
 
 ### Resources
diff --git a/examples/complete/main.tf b/examples/complete/main.tf
index 20c8ace9..60b3a1b9 100644
--- a/examples/complete/main.tf
+++ b/examples/complete/main.tf
@@ -1,6 +1,6 @@
 module "resource_group" {
   source  = "terraform-ibm-modules/resource-group/ibm"
-  version = "1.2.0"
+  version = "1.2.1"
   # if an existing resource group is not set (null) create a new one using prefix
   resource_group_name          = var.resource_group == null ? "${var.prefix}-resource-group" : null
   existing_resource_group_name = var.resource_group
@@ -8,7 +8,7 @@ module "resource_group" {
 
 module "key_protect" {
   source                    = "terraform-ibm-modules/kms-all-inclusive/ibm"
-  version                   = "5.1.7"
+  version                   = "5.1.8"
   key_protect_instance_name = "${var.prefix}-key-protect"
   resource_group_id         = module.resource_group.resource_group_id
   region                    = var.region
@@ -27,7 +27,7 @@ module "key_protect" {
 
 module "event_notification" {
   source            = "terraform-ibm-modules/event-notifications/ibm"
-  version           = "2.3.12"
+  version           = "2.4.3"
   resource_group_id = module.resource_group.resource_group_id
   name              = "${var.prefix}-en"
   tags              = var.resource_tags
diff --git a/examples/fscloud/main.tf b/examples/fscloud/main.tf
index 240c89fa..ee064b31 100644
--- a/examples/fscloud/main.tf
+++ b/examples/fscloud/main.tf
@@ -3,7 +3,7 @@
 ##############################################################################
 module "resource_group" {
   source  = "terraform-ibm-modules/resource-group/ibm"
-  version = "1.2.0"
+  version = "1.2.1"
   # if an existing resource group is not set (null) create a new one using prefix
   resource_group_name          = var.resource_group == null ? "${var.prefix}-resource-group" : null
   existing_resource_group_name = var.resource_group
@@ -30,7 +30,7 @@ resource "ibm_is_vpc" "vpc" {
 ##############################################################################
 module "cbr_zone" {
   source           = "terraform-ibm-modules/cbr/ibm//modules/cbr-zone-module"
-  version          = "1.31.0"
+  version          = "1.31.2"
   name             = "${var.prefix}-CBR-zone"
   zone_description = "CBR Network zone representing VPC"
   account_id       = data.ibm_iam_account_settings.iam_account_settings.account_id
@@ -42,7 +42,7 @@ module "cbr_zone" {
 
 module "event_notification" {
   source            = "terraform-ibm-modules/event-notifications/ibm"
-  version           = "2.3.12"
+  version           = "2.4.3"
   resource_group_id = module.resource_group.resource_group_id
   name              = "${var.prefix}-en"
   tags              = var.resource_tags
@@ -57,7 +57,7 @@ module "event_notification" {
 
 module "kms_key_crn_parser" {
   source  = "terraform-ibm-modules/common-utilities/ibm//modules/crn-parser"
-  version = "1.1.0"
+  version = "1.2.0"
   crn     = var.kms_key_crn
 }
 
diff --git a/main.tf b/main.tf
index b522d408..41658aaf 100644
--- a/main.tf
+++ b/main.tf
@@ -81,7 +81,7 @@ locals {
 module "kms_key_crn_parser" {
   count   = local.create_kms_auth_policy ? 1 : 0
   source  = "terraform-ibm-modules/common-utilities/ibm//modules/crn-parser"
-  version = "1.1.0"
+  version = "1.2.0"
   crn     = var.kms_key_crn
 }
 
@@ -163,7 +163,7 @@ locals {
 module "cbr_rule" {
   count            = length(var.cbr_rules) > 0 ? length(var.cbr_rules) : 0
   source           = "terraform-ibm-modules/cbr/ibm//modules/cbr-rule-module"
-  version          = "1.31.0"
+  version          = "1.31.2"
   rule_description = var.cbr_rules[count.index].description
   enforcement_mode = var.cbr_rules[count.index].enforcement_mode
   rule_contexts    = var.cbr_rules[count.index].rule_contexts
diff --git a/solutions/fully-configurable/main.tf b/solutions/fully-configurable/main.tf
index 46edcc37..e61c9bd5 100644
--- a/solutions/fully-configurable/main.tf
+++ b/solutions/fully-configurable/main.tf
@@ -7,7 +7,7 @@ locals {
 
 module "resource_group" {
   source                       = "terraform-ibm-modules/resource-group/ibm"
-  version                      = "1.2.0"
+  version                      = "1.2.1"
   existing_resource_group_name = var.existing_resource_group_name
 }
 
@@ -44,14 +44,14 @@ data "ibm_iam_account_settings" "iam_account_settings" {
 module "kms_instance_crn_parser" {
   count   = var.existing_kms_instance_crn != null ? 1 : 0
   source  = "terraform-ibm-modules/common-utilities/ibm//modules/crn-parser"
-  version = "1.1.0"
+  version = "1.2.0"
   crn     = var.existing_kms_instance_crn
 }
 
 module "kms_key_crn_parser" {
   count   = var.existing_secrets_manager_kms_key_crn != null ? 1 : 0
   source  = "terraform-ibm-modules/common-utilities/ibm//modules/crn-parser"
-  version = "1.1.0"
+  version = "1.2.0"
   crn     = var.existing_secrets_manager_kms_key_crn
 }
 
@@ -130,7 +130,7 @@ module "kms" {
   }
   count                       = var.existing_secrets_manager_crn == null && var.kms_encryption_enabled && var.existing_secrets_manager_kms_key_crn == null ? 1 : 0 # no need to create any KMS resources if passing an existing key
   source                      = "terraform-ibm-modules/kms-all-inclusive/ibm"
-  version                     = "5.1.7"
+  version                     = "5.1.8"
   create_key_protect_instance = false
   region                      = local.kms_region
   existing_kms_instance_crn   = var.existing_kms_instance_crn
diff --git a/tests/existing-resources/main.tf b/tests/existing-resources/main.tf
index 055f299f..4424c283 100644
--- a/tests/existing-resources/main.tf
+++ b/tests/existing-resources/main.tf
@@ -4,7 +4,7 @@
 
 module "resource_group" {
   source  = "terraform-ibm-modules/resource-group/ibm"
-  version = "1.2.0"
+  version = "1.2.1"
   # if an existing resource group is not set (null) create a new one using prefix
   resource_group_name          = var.resource_group == null ? "${var.prefix}-resource-group" : null
   existing_resource_group_name = var.resource_group
@@ -16,7 +16,7 @@ module "resource_group" {
 
 module "event_notifications" {
   source            = "terraform-ibm-modules/event-notifications/ibm"
-  version           = "2.3.12"
+  version           = "2.4.3"
   resource_group_id = module.resource_group.resource_group_id
   name              = "${var.prefix}-en"
   tags              = var.resource_tags
@@ -31,7 +31,7 @@ module "event_notifications" {
 
 module "key_protect" {
   source                    = "terraform-ibm-modules/kms-all-inclusive/ibm"
-  version                   = "5.1.7"
+  version                   = "5.1.8"
   key_protect_instance_name = "${var.prefix}-key-protect"
   resource_group_id         = module.resource_group.resource_group_id
   region                    = var.region
diff --git a/tests/new-resources/main.tf b/tests/new-resources/main.tf
index a72554c6..028cd254 100644
--- a/tests/new-resources/main.tf
+++ b/tests/new-resources/main.tf
@@ -4,7 +4,7 @@
 
 module "resource_group" {
   source  = "terraform-ibm-modules/resource-group/ibm"
-  version = "1.2.0"
+  version = "1.2.1"
   # if an existing resource group is not set (null) create a new one using prefix
   resource_group_name          = var.resource_group == null ? "${var.prefix}-resource-group" : null
   existing_resource_group_name = var.resource_group
@@ -17,7 +17,7 @@ module "resource_group" {
 module "secrets_manager" {
   count                         = var.provision_secrets_manager == true ? 1 : 0
   source                        = "terraform-ibm-modules/secrets-manager/ibm"
-  version                       = "2.5.0" # Replace "X.X.X" with a release version to lock into a specific release
+  version                       = "2.6.1" # Replace "X.X.X" with a release version to lock into a specific release
   resource_group_id             = module.resource_group.resource_group_id
   region                        = var.region
   secrets_manager_name          = "${var.prefix}-tsm"
diff --git a/tests/new-rg/main.tf b/tests/new-rg/main.tf
index ec39d65f..74777cc1 100644
--- a/tests/new-rg/main.tf
+++ b/tests/new-rg/main.tf
@@ -4,7 +4,7 @@
 
 module "resource_group" {
   source  = "terraform-ibm-modules/resource-group/ibm"
-  version = "1.2.0"
+  version = "1.2.1"
   # if an existing resource group is not set (null) create a new one using prefix
   resource_group_name          = var.resource_group == null ? "${var.prefix}-resource-group" : null
   existing_resource_group_name = var.resource_group