diff --git a/common-dev-assets b/common-dev-assets
index 1df43f2..ae23e02 160000
--- a/common-dev-assets
+++ b/common-dev-assets
@@ -1 +1 @@
-Subproject commit 1df43f2daf97a529d05350408d32a12f50d89fbf
+Subproject commit ae23e021950779a9c0612e71ce51d074f14b7543
diff --git a/examples/advanced/main.tf b/examples/advanced/main.tf
index 25e4fee..d00f1c4 100644
--- a/examples/advanced/main.tf
+++ b/examples/advanced/main.tf
@@ -39,7 +39,7 @@ locals {
 
 module "event_streams" {
   source            = "terraform-ibm-modules/event-streams/ibm"
-  version           = "4.2.0"
+  version           = "4.2.1"
   es_name           = "${var.prefix}-eventsteams-instance"
   tags              = var.resource_tags
   region            = var.region
@@ -68,7 +68,7 @@ locals {
 
 module "key_protect" {
   source            = "terraform-ibm-modules/kms-all-inclusive/ibm"
-  version           = "5.4.3"
+  version           = "5.4.4"
   resource_group_id = module.resource_group.resource_group_id
   region            = var.region
   resource_tags     = var.resource_tags
diff --git a/solutions/fully-configurable/main.tf b/solutions/fully-configurable/main.tf
index f892ac6..cc4c94e 100644
--- a/solutions/fully-configurable/main.tf
+++ b/solutions/fully-configurable/main.tf
@@ -155,7 +155,7 @@ module "kms" {
   }
   count                       = (local.use_kms_module && (length(coalesce(local.buckets_config, [])) != 0)) ? 1 : 0 # no need to create any KMS resources if `kms_encryption_enabled_buckets` is false or `existing_cos_kms_key_crn` is provided or `buckets_config` length is 0
   source                      = "terraform-ibm-modules/kms-all-inclusive/ibm"
-  version                     = "5.4.3"
+  version                     = "5.4.4"
   create_key_protect_instance = false
   region                      = local.kms_region
   existing_kms_instance_crn   = var.existing_kms_instance_crn