diff --git a/README.md b/README.md
index fddbda0..0b6e349 100644
--- a/README.md
+++ b/README.md
@@ -85,7 +85,7 @@ For more information on access and permissions, see <https://cloud.ibm.com/docs/
 
 | Name | Source | Version |
 |------|--------|---------|
-| <a name="module_cbr_rule"></a> [cbr\_rule](#module\_cbr\_rule) | terraform-ibm-modules/cbr/ibm//modules/cbr-rule-module | 1.24.0 |
+| <a name="module_cbr_rule"></a> [cbr\_rule](#module\_cbr\_rule) | terraform-ibm-modules/cbr/ibm//modules/cbr-rule-module | 1.27.0 |
 
 ### Resources
 
diff --git a/main.tf b/main.tf
index 020efaa..2d20522 100644
--- a/main.tf
+++ b/main.tf
@@ -34,7 +34,7 @@ resource "ibm_app_config_collection" "collections" {
 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          = "1.24.0"
+  version          = "1.27.0"
   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