diff --git a/examples/advanced/main.tf b/examples/advanced/main.tf
index 12bc7fa..e7d6dfb 100644
--- a/examples/advanced/main.tf
+++ b/examples/advanced/main.tf
@@ -47,7 +47,7 @@ locals {
 
 module "key_protect_all_inclusive" {
   source                    = "terraform-ibm-modules/kms-all-inclusive/ibm"
-  version                   = "5.3.2"
+  version                   = "5.3.4"
   resource_group_id         = module.resource_group.resource_group_id
   key_protect_instance_name = "${var.prefix}-kms"
   region                    = var.region
diff --git a/solutions/fully-configurable/main.tf b/solutions/fully-configurable/main.tf
index 791cc2e..f8336b0 100644
--- a/solutions/fully-configurable/main.tf
+++ b/solutions/fully-configurable/main.tf
@@ -116,7 +116,7 @@ resource "time_sleep" "wait_for_kms_cross_account_authorization_policy" {
 module "kms" {
   count   = var.kms_encryption_enabled && var.existing_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 = "5.3.2"
+  version = "5.3.4"
   providers = {
     ibm = ibm.kms
   }