diff --git a/README.md b/README.md
index d2c6e24d..9c3f3e5e 100644
--- a/README.md
+++ b/README.md
@@ -60,7 +60,7 @@ You need the following permissions to run this module.
 | Name | Version |
 |------|---------|
 |  [terraform](#requirement\_terraform) | >= 1.3.0 |
-|  [ibm](#requirement\_ibm) | >= 1.68.1, <2.0.0 |
+|  [ibm](#requirement\_ibm) | >= 1.70.0, <2.0.0 |
 |  [null](#requirement\_null) | >= 3.2.1, < 4.0.0 |
 |  [time](#requirement\_time) | >= 0.9.1 |
 
@@ -68,7 +68,7 @@ You need the following permissions to run this module.
 
 | Name | Source | Version |
 |------|--------|---------|
-|  [cbr\_rule](#module\_cbr\_rule) | terraform-ibm-modules/cbr/ibm//modules/cbr-rule-module | 1.27.0 |
+|  [cbr\_rule](#module\_cbr\_rule) | terraform-ibm-modules/cbr/ibm//modules/cbr-rule-module | 1.28.1 |
 
 ### Resources
 
diff --git a/examples/basic/version.tf b/examples/basic/version.tf
index d118e613..77ab8c9f 100644
--- a/examples/basic/version.tf
+++ b/examples/basic/version.tf
@@ -4,7 +4,7 @@ terraform {
     # Pin to the lowest provider version of the range defined in the main module's version.tf to ensure lowest version still works
     ibm = {
       source  = "IBM-Cloud/ibm"
-      version = "1.68.1"
+      version = "1.70.0"
     }
     # The elasticsearch provider is not actually required by the module itself, just this example, so OK to use ">=" here instead of locking into a version
     elasticsearch = {
diff --git a/examples/complete/version.tf b/examples/complete/version.tf
index 631f18fe..27a03563 100644
--- a/examples/complete/version.tf
+++ b/examples/complete/version.tf
@@ -4,7 +4,7 @@ terraform {
   required_providers {
     ibm = {
       source  = "IBM-Cloud/ibm"
-      version = ">=1.68.1, <2.0.0"
+      version = ">=1.70.0, <2.0.0"
     }
   }
 }
diff --git a/examples/fscloud/main.tf b/examples/fscloud/main.tf
index 54d44a0a..dff6f99b 100644
--- a/examples/fscloud/main.tf
+++ b/examples/fscloud/main.tf
@@ -39,7 +39,7 @@ resource "ibm_is_subnet" "testacc_subnet" {
 ##############################################################################
 module "cbr_zone" {
   source           = "terraform-ibm-modules/cbr/ibm//modules/cbr-zone-module"
-  version          = "1.27.0"
+  version          = "1.28.1"
   name             = "${var.prefix}-VPC-network-zone"
   zone_description = "CBR Network zone containing VPC"
   account_id       = data.ibm_iam_account_settings.iam_account_settings.account_id
diff --git a/examples/fscloud/version.tf b/examples/fscloud/version.tf
index ffaeed38..56d317dc 100644
--- a/examples/fscloud/version.tf
+++ b/examples/fscloud/version.tf
@@ -4,7 +4,7 @@ terraform {
     # Use latest version of provider in non-basic examples to verify latest version works with module
     ibm = {
       source  = "IBM-Cloud/ibm"
-      version = ">= 1.68.1"
+      version = ">= 1.70.0"
     }
   }
 }
diff --git a/main.tf b/main.tf
index e13319f4..8811223a 100644
--- a/main.tf
+++ b/main.tf
@@ -228,7 +228,7 @@ resource "ibm_resource_tag" "elasticsearch_tag" {
 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          = "1.27.0"
+  version          = "1.28.1"
   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/modules/fscloud/README.md b/modules/fscloud/README.md
index 86876a12..d89eaa74 100644
--- a/modules/fscloud/README.md
+++ b/modules/fscloud/README.md
@@ -14,7 +14,7 @@ The IBM Cloud Framework for Financial Services mandates the application of an in
 | Name | Version |
 |------|---------|
 |  [terraform](#requirement\_terraform) | >= 1.3.0 |
-|  [ibm](#requirement\_ibm) | >= 1.68.1, <2.0.0 |
+|  [ibm](#requirement\_ibm) | >= 1.70.0, <2.0.0 |
 
 ### Modules
 
diff --git a/modules/fscloud/version.tf b/modules/fscloud/version.tf
index 3f52085c..ffce2a6e 100644
--- a/modules/fscloud/version.tf
+++ b/modules/fscloud/version.tf
@@ -8,7 +8,7 @@ terraform {
     ibm = {
       source = "IBM-Cloud/ibm"
       # Use "greater than or equal to" range in modules
-      version = ">= 1.68.1, <2.0.0"
+      version = ">= 1.70.0, <2.0.0"
     }
   }
 }
diff --git a/version.tf b/version.tf
index c3a4bd2f..cfc75949 100644
--- a/version.tf
+++ b/version.tf
@@ -4,7 +4,7 @@ terraform {
   required_providers {
     ibm = {
       source  = "ibm-cloud/ibm"
-      version = ">= 1.68.1, <2.0.0"
+      version = ">= 1.70.0, <2.0.0"
     }
     null = {
       source  = "hashicorp/null"