diff --git a/README.md b/README.md
index 394290e..7c6a296 100644
--- a/README.md
+++ b/README.md
@@ -64,9 +64,9 @@ 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) | git::https://github.com/terraform-ibm-modules/terraform-ibm-cbr//modules/cbr-rule-module | v1.31.0 |
-| <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 |
+| <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 | 1.2.0 |
+| <a name="module_cbr_rule"></a> [cbr\_rule](#module\_cbr\_rule) | git::https://github.com/terraform-ibm-modules/terraform-ibm-cbr//modules/cbr-rule-module | v1.32.2 |
+| <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 | 1.2.0 |
 
 ### Resources
 
diff --git a/examples/backup-restore/main.tf b/examples/backup-restore/main.tf
index 694cf8c..6cc3d1d 100644
--- a/examples/backup-restore/main.tf
+++ b/examples/backup-restore/main.tf
@@ -4,7 +4,7 @@
 
 module "resource_group" {
   source  = "terraform-ibm-modules/resource-group/ibm"
-  version = "1.2.0"
+  version = "1.2.1"
   # if an existing resource group is not set (null) create a new one using prefix
   resource_group_name          = var.resource_group == null ? "${var.prefix}-resource-group" : null
   existing_resource_group_name = var.resource_group
diff --git a/examples/basic/main.tf b/examples/basic/main.tf
index c42c237..f1925bf 100644
--- a/examples/basic/main.tf
+++ b/examples/basic/main.tf
@@ -4,7 +4,7 @@
 
 module "resource_group" {
   source  = "terraform-ibm-modules/resource-group/ibm"
-  version = "1.2.0"
+  version = "1.2.1"
   # if an existing resource group is not set (null) create a new one using prefix
   resource_group_name          = var.resource_group == null ? "${var.prefix}-resource-group" : null
   existing_resource_group_name = var.resource_group
diff --git a/examples/complete/main.tf b/examples/complete/main.tf
index 02edb69..6c6d7ed 100644
--- a/examples/complete/main.tf
+++ b/examples/complete/main.tf
@@ -4,7 +4,7 @@
 
 module "resource_group" {
   source  = "terraform-ibm-modules/resource-group/ibm"
-  version = "1.2.0"
+  version = "1.2.1"
   # if an existing resource group is not set (null) create a new one using prefix
   resource_group_name          = var.resource_group == null ? "${var.prefix}-resource-group" : null
   existing_resource_group_name = var.resource_group
@@ -21,7 +21,7 @@ locals {
 
 module "key_protect_all_inclusive" {
   source            = "terraform-ibm-modules/kms-all-inclusive/ibm"
-  version           = "5.1.7"
+  version           = "5.1.9"
   resource_group_id = module.resource_group.resource_group_id
   # Note: Database instance and Key Protect must be created in the same region when using BYOK
   # See https://cloud.ibm.com/docs/cloud-databases?topic=cloud-databases-key-protect&interface=ui#key-byok
@@ -75,7 +75,7 @@ resource "ibm_is_subnet" "testacc_subnet" {
 ##############################################################################
 
 module "cbr_zone" {
-  source           = "git::https://github.com/terraform-ibm-modules/terraform-ibm-cbr//modules/cbr-zone-module?ref=v1.31.0"
+  source           = "git::https://github.com/terraform-ibm-modules/terraform-ibm-cbr//modules/cbr-zone-module?ref=v1.32.2"
   name             = "${var.prefix}-VPC-network-zone"
   zone_description = "CBR Network zone representing VPC"
   account_id       = data.ibm_iam_account_settings.iam_account_settings.account_id
diff --git a/examples/fscloud/main.tf b/examples/fscloud/main.tf
index f2153d8..3abf2ab 100644
--- a/examples/fscloud/main.tf
+++ b/examples/fscloud/main.tf
@@ -4,7 +4,7 @@
 
 module "resource_group" {
   source  = "terraform-ibm-modules/resource-group/ibm"
-  version = "1.2.0"
+  version = "1.2.1"
   # if an existing resource group is not set (null) create a new one using prefix
   resource_group_name          = var.resource_group == null ? "${var.prefix}-resource-group" : null
   existing_resource_group_name = var.resource_group
@@ -39,7 +39,7 @@ resource "ibm_is_subnet" "testacc_subnet" {
 ##############################################################################
 module "cbr_zone" {
   source           = "terraform-ibm-modules/cbr/ibm//modules/cbr-zone-module"
-  version          = "1.31.0"
+  version          = "1.32.2"
   name             = "${var.prefix}-VPC-network-zone"
   zone_description = "CBR Network zone representing VPC"
   account_id       = data.ibm_iam_account_settings.iam_account_settings.account_id
diff --git a/main.tf b/main.tf
index e2a13f7..e4d3ab3 100644
--- a/main.tf
+++ b/main.tf
@@ -34,14 +34,14 @@ locals {
 module "kms_key_crn_parser" {
   count   = local.parse_kms_key ? 1 : 0
   source  = "terraform-ibm-modules/common-utilities/ibm//modules/crn-parser"
-  version = "1.1.0"
+  version = "1.2.0"
   crn     = var.kms_key_crn
 }
 
 module "backup_key_crn_parser" {
   count   = local.parse_backup_kms_key ? 1 : 0
   source  = "terraform-ibm-modules/common-utilities/ibm//modules/crn-parser"
-  version = "1.1.0"
+  version = "1.2.0"
   crn     = local.backup_encryption_key_crn
 }
 
@@ -308,7 +308,7 @@ resource "ibm_resource_tag" "rabbitmq_tag" {
 ##############################################################################
 module "cbr_rule" {
   count            = length(var.cbr_rules) > 0 ? length(var.cbr_rules) : 0
-  source           = "git::https://github.com/terraform-ibm-modules/terraform-ibm-cbr//modules/cbr-rule-module?ref=v1.31.0"
+  source           = "git::https://github.com/terraform-ibm-modules/terraform-ibm-cbr//modules/cbr-rule-module?ref=v1.32.2"
   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 d41f51f..9be3c4f 100644
--- a/solutions/fully-configurable/main.tf
+++ b/solutions/fully-configurable/main.tf
@@ -7,7 +7,7 @@ locals {
 
 module "resource_group" {
   source                       = "terraform-ibm-modules/resource-group/ibm"
-  version                      = "1.2.0"
+  version                      = "1.2.1"
   existing_resource_group_name = var.existing_resource_group_name
 }
 
@@ -32,7 +32,7 @@ module "kms" {
   }
   count                       = local.create_new_kms_key ? 1 : 0
   source                      = "terraform-ibm-modules/kms-all-inclusive/ibm"
-  version                     = "5.1.7"
+  version                     = "5.1.9"
   create_key_protect_instance = false
   region                      = local.kms_region
   existing_kms_instance_crn   = var.existing_kms_instance_crn
@@ -62,21 +62,21 @@ module "kms" {
 module "kms_instance_crn_parser" {
   count   = var.existing_kms_instance_crn != null ? 1 : 0
   source  = "terraform-ibm-modules/common-utilities/ibm//modules/crn-parser"
-  version = "1.1.0"
+  version = "1.2.0"
   crn     = var.existing_kms_instance_crn
 }
 
 module "kms_key_crn_parser" {
   count   = var.existing_kms_key_crn != null ? 1 : 0
   source  = "terraform-ibm-modules/common-utilities/ibm//modules/crn-parser"
-  version = "1.1.0"
+  version = "1.2.0"
   crn     = var.existing_kms_key_crn
 }
 
 module "kms_backup_key_crn_parser" {
   count   = var.existing_backup_kms_key_crn != null ? 1 : 0
   source  = "terraform-ibm-modules/common-utilities/ibm//modules/crn-parser"
-  version = "1.1.0"
+  version = "1.2.0"
   crn     = var.existing_backup_kms_key_crn
 }
 
@@ -239,7 +239,7 @@ locals {
 module "rabbitmq_instance_crn_parser" {
   count   = var.existing_rabbitmq_instance_crn != null ? 1 : 0
   source  = "terraform-ibm-modules/common-utilities/ibm//modules/crn-parser"
-  version = "1.1.0"
+  version = "1.2.0"
   crn     = var.existing_rabbitmq_instance_crn
 }
 
@@ -326,7 +326,7 @@ locals {
 module "sm_instance_crn_parser" {
   count   = var.existing_secrets_manager_instance_crn != null ? 1 : 0
   source  = "terraform-ibm-modules/common-utilities/ibm//modules/crn-parser"
-  version = "1.1.0"
+  version = "1.2.0"
   crn     = var.existing_secrets_manager_instance_crn
 }
 
@@ -394,7 +394,7 @@ module "secrets_manager_service_credentials" {
   count                       = length(local.service_credential_secrets) > 0 ? 1 : 0
   depends_on                  = [time_sleep.wait_for_rabbitmq_authorization_policy]
   source                      = "terraform-ibm-modules/secrets-manager/ibm//modules/secrets"
-  version                     = "2.3.1"
+  version                     = "2.6.4"
   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/solutions/fully-configurable/version.tf b/solutions/fully-configurable/version.tf
index 3983f64..84a4b26 100644
--- a/solutions/fully-configurable/version.tf
+++ b/solutions/fully-configurable/version.tf
@@ -4,7 +4,7 @@ terraform {
   required_providers {
     ibm = {
       source  = "IBM-Cloud/ibm"
-      version = "1.79.2"
+      version = "1.80.0"
     }
     time = {
       source  = "hashicorp/time"