diff --git a/README.md b/README.md
index 1c873c7d..62cad7a2 100644
--- a/README.md
+++ b/README.md
@@ -76,7 +76,7 @@ To create service credentials, access the Event Notifications service, and acces
 
 | Name | Source | Version |
 |------|--------|---------|
-| <a name="module_cbr_rule"></a> [cbr\_rule](#module\_cbr\_rule) | terraform-ibm-modules/cbr/ibm//modules/cbr-rule-module | 1.33.6 |
+| <a name="module_cbr_rule"></a> [cbr\_rule](#module\_cbr\_rule) | terraform-ibm-modules/cbr/ibm//modules/cbr-rule-module | 1.33.7 |
 
 ### Resources
 
diff --git a/common-dev-assets b/common-dev-assets
index 1df43f2d..ae23e021 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 752041d1..c39fa521 100644
--- a/examples/advanced/main.tf
+++ b/examples/advanced/main.tf
@@ -21,7 +21,7 @@ locals {
 
 module "key_protect_all_inclusive" {
   source                    = "terraform-ibm-modules/kms-all-inclusive/ibm"
-  version                   = "5.4.3"
+  version                   = "5.4.5"
   resource_group_id         = module.resource_group.resource_group_id
   region                    = var.region
   key_protect_instance_name = "${var.prefix}-kp"
diff --git a/examples/fscloud/main.tf b/examples/fscloud/main.tf
index 509f7f95..da089843 100644
--- a/examples/fscloud/main.tf
+++ b/examples/fscloud/main.tf
@@ -23,7 +23,7 @@ data "ibm_iam_account_settings" "iam_account_settings" {
 
 module "cbr_zone_schematics" {
   source           = "terraform-ibm-modules/cbr/ibm//modules/cbr-zone-module"
-  version          = "1.33.6"
+  version          = "1.33.7"
   name             = "${var.prefix}-schematics-zone"
   zone_description = "CBR Network zone containing Schematics"
   account_id       = data.ibm_iam_account_settings.iam_account_settings.account_id
diff --git a/main.tf b/main.tf
index 461e1fdc..fa90ac43 100644
--- a/main.tf
+++ b/main.tf
@@ -195,7 +195,7 @@ resource "time_sleep" "wait_for_kms_authorization_policy" {
 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          = "1.33.6"
+  version          = "1.33.7"
   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 081b3d2b..919a8a68 100644
--- a/solutions/fully-configurable/main.tf
+++ b/solutions/fully-configurable/main.tf
@@ -63,7 +63,7 @@ module "kms" {
   }
   count                       = local.create_kms_keys ? 1 : 0
   source                      = "terraform-ibm-modules/kms-all-inclusive/ibm"
-  version                     = "5.4.3"
+  version                     = "5.4.5"
   create_key_protect_instance = false
   region                      = local.kms_region
   existing_kms_instance_crn   = var.existing_kms_instance_crn
@@ -357,7 +357,7 @@ module "secrets_manager_service_credentials" {
   count                       = length(local.service_credential_secrets) > 0 ? 1 : 0
   depends_on                  = [time_sleep.wait_for_en_authorization_policy]
   source                      = "terraform-ibm-modules/secrets-manager/ibm//modules/secrets"
-  version                     = "2.11.2"
+  version                     = "2.11.3"
   existing_sm_instance_guid   = local.existing_secrets_manager_instance_guid
   existing_sm_instance_region = local.existing_secrets_manager_instance_region
   endpoint_type               = var.existing_secrets_manager_endpoint_type
diff --git a/tests/existing-resources/main.tf b/tests/existing-resources/main.tf
index fe0a69fd..7fbd4726 100644
--- a/tests/existing-resources/main.tf
+++ b/tests/existing-resources/main.tf
@@ -30,7 +30,7 @@ module "cos" {
 
 module "cloud_monitoring" {
   source            = "terraform-ibm-modules/cloud-monitoring/ibm"
-  version           = "1.10.0"
+  version           = "1.10.2"
   resource_group_id = module.resource_group.resource_group_id
   region            = var.region
   resource_tags     = var.resource_tags