diff --git a/README.md b/README.md
index ce625068..80f95b80 100644
--- a/README.md
+++ b/README.md
@@ -64,7 +64,7 @@ You need the following permissions to run this module.
 | Name | Source | Version |
 |------|--------|---------|
 | <a name="module_backup_key_crn_parser"></a> [backup\_key\_crn\_parser](#module\_backup\_key\_crn\_parser) | terraform-ibm-modules/common-utilities/ibm//modules/crn-parser | 1.1.0 |
-| <a name="module_cbr_rule"></a> [cbr\_rule](#module\_cbr\_rule) | terraform-ibm-modules/cbr/ibm//modules/cbr-rule-module | 1.30.0 |
+| <a name="module_cbr_rule"></a> [cbr\_rule](#module\_cbr\_rule) | terraform-ibm-modules/cbr/ibm//modules/cbr-rule-module | 1.31.0 |
 | <a name="module_kms_key_crn_parser"></a> [kms\_key\_crn\_parser](#module\_kms\_key\_crn\_parser) | terraform-ibm-modules/common-utilities/ibm//modules/crn-parser | 1.1.0 |
 
 ### Resources
diff --git a/examples/complete/main.tf b/examples/complete/main.tf
index 8e9c5937..ded46ac1 100644
--- a/examples/complete/main.tf
+++ b/examples/complete/main.tf
@@ -53,7 +53,7 @@ locals {
 
 module "key_protect_all_inclusive" {
   source            = "terraform-ibm-modules/kms-all-inclusive/ibm"
-  version           = "5.0.0"
+  version           = "5.0.1"
   resource_group_id = module.resource_group.resource_group_id
   # Only us-south, us-east and eu-de backup encryption keys are supported. See https://cloud.ibm.com/docs/cloud-databases?topic=cloud-databases-key-protect&interface=ui#key-byok for details.
   # Note: Database instance and Key Protect must be created on the same region.
@@ -89,7 +89,7 @@ data "ibm_iam_account_settings" "iam_account_settings" {
 ##############################################################################
 module "cbr_zone" {
   source           = "terraform-ibm-modules/cbr/ibm//modules/cbr-zone-module"
-  version          = "1.30.0"
+  version          = "1.31.0"
   name             = "${var.prefix}-VPC-network-zone"
   zone_description = "CBR Network zone containing VPC"
   account_id       = data.ibm_iam_account_settings.iam_account_settings.account_id
@@ -133,7 +133,7 @@ module "icd_mongodb" {
 module "secrets_manager" {
   count                = var.existing_secret_manager_instance_guid == null ? 1 : 0
   source               = "terraform-ibm-modules/secrets-manager/ibm"
-  version              = "2.1.1"
+  version              = "2.2.0"
   resource_group_id    = module.resource_group.resource_group_id
   region               = var.region
   secrets_manager_name = "${var.prefix}-secrets-manager"
diff --git a/examples/fscloud/main.tf b/examples/fscloud/main.tf
index 88d2c65f..9ec836fd 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          = "1.30.0"
+  version          = "1.31.0"
   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/main.tf b/main.tf
index b143a288..fb6083e0 100644
--- a/main.tf
+++ b/main.tf
@@ -317,7 +317,7 @@ resource "ibm_resource_tag" "mongodb_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          = "1.30.0"
+  version          = "1.31.0"
   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
diff --git a/solutions/standard/main.tf b/solutions/standard/main.tf
index 07bc3671..f69b90c4 100644
--- a/solutions/standard/main.tf
+++ b/solutions/standard/main.tf
@@ -40,7 +40,7 @@ module "kms" {
   }
   count                       = local.create_new_kms_key
   source                      = "terraform-ibm-modules/kms-all-inclusive/ibm"
-  version                     = "5.0.0"
+  version                     = "5.0.1"
   create_key_protect_instance = false
   region                      = local.kms_region
   existing_kms_instance_crn   = var.existing_kms_instance_crn
@@ -418,7 +418,7 @@ module "secrets_manager_service_credentials" {
   count                       = length(local.service_credential_secrets) > 0 ? 1 : 0
   depends_on                  = [time_sleep.wait_for_mongodb_authorization_policy]
   source                      = "terraform-ibm-modules/secrets-manager/ibm//modules/secrets"
-  version                     = "2.1.1"
+  version                     = "2.2.0"
   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