diff --git a/README.md b/README.md
index 767afaae..2a0fb3c2 100644
--- a/README.md
+++ b/README.md
@@ -44,6 +44,7 @@ Expected network connectivity downtime of typically around 20 seconds.
     * [workload-vpc](./modules/workload-vpc)
 * [Examples](./examples)
     * [Basic Example](./examples/basic)
+    * [Custom Security Group Example](./examples/custom_security_group)
     * [Default Example](./examples/default)
     * [Existing VPC and subnets Example](./examples/existing_vpc)
     * [Hub and Spoke VPC Example](./examples/hub-spoke-delegated-resolver)
@@ -241,7 +242,7 @@ To attach access management tags to resources in this module, you need the follo
 | <a name="input_resource_group_id"></a> [resource\_group\_id](#input\_resource\_group\_id) | The resource group ID where the VPC to be created | `string` | n/a | yes |
 | <a name="input_routes"></a> [routes](#input\_routes) | OPTIONAL - Allows you to specify the next hop for packets based on their destination address | <pre>list(<br/>    object({<br/>      name                          = string<br/>      route_direct_link_ingress     = optional(bool)<br/>      route_transit_gateway_ingress = optional(bool)<br/>      route_vpc_zone_ingress        = optional(bool)<br/>      routes = optional(<br/>        list(<br/>          object({<br/>            action      = optional(string)<br/>            zone        = number<br/>            destination = string<br/>            next_hop    = string<br/>          })<br/>      ))<br/>    })<br/>  )</pre> | `[]` | no |
 | <a name="input_routing_table_name"></a> [routing\_table\_name](#input\_routing\_table\_name) | The name to give the provisioned routing tables. If not set, the module generates a name based on the `prefix` and `name` variables. | `string` | `null` | no |
-| <a name="input_security_group_rules"></a> [security\_group\_rules](#input\_security\_group\_rules) | A list of security group rules to be added to the default vpc security group (default empty) | <pre>list(<br/>    object({<br/>      name      = string<br/>      direction = string<br/>      remote    = optional(string)<br/>      tcp = optional(<br/>        object({<br/>          port_max = optional(number)<br/>          port_min = optional(number)<br/>        })<br/>      )<br/>      udp = optional(<br/>        object({<br/>          port_max = optional(number)<br/>          port_min = optional(number)<br/>        })<br/>      )<br/>      icmp = optional(<br/>        object({<br/>          type = optional(number)<br/>          code = optional(number)<br/>        })<br/>      )<br/>    })<br/>  )</pre> | `[]` | no |
+| <a name="input_security_group_rules"></a> [security\_group\_rules](#input\_security\_group\_rules) | A list of security group rules to be added to the default vpc security group (default empty) | <pre>list(<br/>    object({<br/>      name       = string<br/>      direction  = string<br/>      remote     = optional(string)<br/>      local      = optional(string)<br/>      ip_version = optional(string)<br/>      tcp = optional(<br/>        object({<br/>          port_max = optional(number)<br/>          port_min = optional(number)<br/>        })<br/>      )<br/>      udp = optional(<br/>        object({<br/>          port_max = optional(number)<br/>          port_min = optional(number)<br/>        })<br/>      )<br/>      icmp = optional(<br/>        object({<br/>          type = optional(number)<br/>          code = optional(number)<br/>        })<br/>      )<br/>    })<br/>  )</pre> | `[]` | no |
 | <a name="input_skip_custom_resolver_hub_creation"></a> [skip\_custom\_resolver\_hub\_creation](#input\_skip\_custom\_resolver\_hub\_creation) | Indicates whether to skip the configuration of a custom resolver in the hub VPC. Only relevant if enable\_hub is set to true. | `bool` | `false` | no |
 | <a name="input_skip_spoke_auth_policy"></a> [skip\_spoke\_auth\_policy](#input\_skip\_spoke\_auth\_policy) | Set to true to skip the creation of an authorization policy between the DNS resolution spoke and hub, only enable this if a policy already exists between these two VPCs. See https://cloud.ibm.com/docs/vpc?topic=vpc-vpe-dns-sharing-s2s-auth&interface=ui for more details. | `bool` | `false` | no |
 | <a name="input_subnets"></a> [subnets](#input\_subnets) | List of subnets for the vpc. For each item in each array, a subnet will be created. Items can be either CIDR blocks or total ipv4 addresses. Public gateways will be enabled only in zones where a gateway has been created | <pre>object({<br/>    zone-1 = list(object({<br/>      name           = string<br/>      cidr           = string<br/>      public_gateway = optional(bool)<br/>      acl_name       = string<br/>      no_addr_prefix = optional(bool, false) # do not automatically add address prefix for subnet, overrides other conditions if set to true<br/>      subnet_tags    = optional(list(string), [])<br/>    }))<br/>    zone-2 = optional(list(object({<br/>      name           = string<br/>      cidr           = string<br/>      public_gateway = optional(bool)<br/>      acl_name       = string<br/>      no_addr_prefix = optional(bool, false) # do not automatically add address prefix for subnet, overrides other conditions if set to true<br/>      subnet_tags    = optional(list(string), [])<br/>    })))<br/>    zone-3 = optional(list(object({<br/>      name           = string<br/>      cidr           = string<br/>      public_gateway = optional(bool)<br/>      acl_name       = string<br/>      no_addr_prefix = optional(bool, false) # do not automatically add address prefix for subnet, overrides other conditions if set to true<br/>      subnet_tags    = optional(list(string), [])<br/>    })))<br/>  })</pre> | <pre>{<br/>  "zone-1": [<br/>    {<br/>      "acl_name": "vpc-acl",<br/>      "cidr": "10.10.10.0/24",<br/>      "name": "subnet-a",<br/>      "no_addr_prefix": false,<br/>      "public_gateway": true<br/>    }<br/>  ],<br/>  "zone-2": [<br/>    {<br/>      "acl_name": "vpc-acl",<br/>      "cidr": "10.20.10.0/24",<br/>      "name": "subnet-b",<br/>      "no_addr_prefix": false,<br/>      "public_gateway": true<br/>    }<br/>  ],<br/>  "zone-3": [<br/>    {<br/>      "acl_name": "vpc-acl",<br/>      "cidr": "10.30.10.0/24",<br/>      "name": "subnet-c",<br/>      "no_addr_prefix": false,<br/>      "public_gateway": false<br/>    }<br/>  ]<br/>}</pre> | no |
diff --git a/default_security_group.tf b/default_security_group.tf
index 013e085b..3c2f95c4 100644
--- a/default_security_group.tf
+++ b/default_security_group.tf
@@ -11,10 +11,12 @@ locals {
 }
 
 resource "ibm_is_security_group_rule" "default_vpc_rule" {
-  for_each  = local.security_group_rule_object
-  group     = var.create_vpc == true ? ibm_is_vpc.vpc[0].default_security_group : data.ibm_is_vpc.vpc.default_security_group
-  direction = each.value.direction
-  remote    = each.value.remote
+  for_each   = local.security_group_rule_object
+  group      = var.create_vpc == true ? ibm_is_vpc.vpc[0].default_security_group : data.ibm_is_vpc.vpc.default_security_group
+  direction  = each.value.direction
+  remote     = each.value.remote
+  local      = each.value.local
+  ip_version = each.value.ip_version
 
   dynamic "tcp" {
     for_each = each.value.tcp == null ? [] : [each.value]
diff --git a/examples/custom_security_group/README.md b/examples/custom_security_group/README.md
new file mode 100644
index 00000000..6cf07383
--- /dev/null
+++ b/examples/custom_security_group/README.md
@@ -0,0 +1,8 @@
+# Custom Security Group Example
+
+A simple example to provision a Secure Landing Zone (SLZ) Virtual Private Cloud (VPC) with Security Group Rules set.
+
+The following resources are provisioned by this example:
+
+* A new resource group, if an existing one is not passed in.
+* An IBM Virtual Private Cloud (VPC) with custom security group rules.
diff --git a/examples/custom_security_group/main.tf b/examples/custom_security_group/main.tf
new file mode 100644
index 00000000..9c59ef61
--- /dev/null
+++ b/examples/custom_security_group/main.tf
@@ -0,0 +1,33 @@
+
+##############################################################################
+# Resource Group
+##############################################################################
+
+module "resource_group" {
+  source  = "terraform-ibm-modules/resource-group/ibm"
+  version = "1.3.0"
+  # 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
+}
+
+##############################################################################
+# Create new VPC
+# (if var.vpc_id is null, create a new VPC)
+##############################################################################
+
+module "vpc" {
+  source            = "../.."
+  resource_group_id = module.resource_group.resource_group_id
+  region            = var.region
+  prefix            = var.prefix
+  name              = "sg-vpc"
+  tags              = var.resource_tags
+  security_group_rules = [{
+    name       = "allow-all-inbound-sg"
+    direction  = "inbound"
+    remote     = "0.0.0.0/0" # source of the traffic. 0.0.0.0/0 traffic from all across the internet.
+    local      = "0.0.0.0/0" # A CIDR block of 0.0.0.0/0 allows traffic to all local IP addresses (or from all local IP addresses, for outbound rules).
+    ip_version = "ipv4"
+  }]
+}
diff --git a/examples/custom_security_group/outputs.tf b/examples/custom_security_group/outputs.tf
new file mode 100644
index 00000000..82f4dad6
--- /dev/null
+++ b/examples/custom_security_group/outputs.tf
@@ -0,0 +1,13 @@
+##############################################################################
+# Outputs
+##############################################################################
+
+output "vpc_id" {
+  value       = module.vpc.vpc_id
+  description = "VPC id"
+}
+
+output "vpc_crn" {
+  value       = module.vpc.vpc_crn
+  description = "VPC crn"
+}
diff --git a/examples/custom_security_group/provider.tf b/examples/custom_security_group/provider.tf
new file mode 100644
index 00000000..df45ef50
--- /dev/null
+++ b/examples/custom_security_group/provider.tf
@@ -0,0 +1,4 @@
+provider "ibm" {
+  ibmcloud_api_key = var.ibmcloud_api_key
+  region           = var.region
+}
diff --git a/examples/custom_security_group/variables.tf b/examples/custom_security_group/variables.tf
new file mode 100644
index 00000000..bba380d7
--- /dev/null
+++ b/examples/custom_security_group/variables.tf
@@ -0,0 +1,27 @@
+variable "ibmcloud_api_key" {
+  description = "APIkey that's associated with the account to provision resources to"
+  type        = string
+  sensitive   = true
+}
+
+variable "region" {
+  description = "The region to which to deploy the VPC"
+  type        = string
+}
+
+variable "prefix" {
+  description = "The prefix that you would like to append to your resources"
+  type        = string
+}
+
+variable "resource_group" {
+  type        = string
+  description = "An existing resource group name to use for this example, if unset a new resource group will be created"
+  default     = null
+}
+
+variable "resource_tags" {
+  description = "List of Tags for the resource created"
+  type        = list(string)
+  default     = null
+}
diff --git a/examples/custom_security_group/version.tf b/examples/custom_security_group/version.tf
new file mode 100644
index 00000000..f5d62ad6
--- /dev/null
+++ b/examples/custom_security_group/version.tf
@@ -0,0 +1,11 @@
+terraform {
+  required_version = ">= 1.9.0"
+  required_providers {
+    # Ensure that there is always 1 example locked into the lowest provider version of the range defined in the main
+    # module's version.tf (basic), and 1 example that will always use the latest provider version.
+    ibm = {
+      source  = "IBM-Cloud/ibm"
+      version = ">=1.59.0"
+    }
+  }
+}
diff --git a/modules/management-vpc/README.md b/modules/management-vpc/README.md
index 5f6469d7..75a0cf41 100644
--- a/modules/management-vpc/README.md
+++ b/modules/management-vpc/README.md
@@ -45,7 +45,7 @@ No resources.
 | <a name="input_default_network_acl_name"></a> [default\_network\_acl\_name](#input\_default\_network\_acl\_name) | Override default ACL name | `string` | `null` | no |
 | <a name="input_default_routing_table_name"></a> [default\_routing\_table\_name](#input\_default\_routing\_table\_name) | Override default VPC routing table name | `string` | `null` | no |
 | <a name="input_default_security_group_name"></a> [default\_security\_group\_name](#input\_default\_security\_group\_name) | Override default VPC security group name | `string` | `null` | no |
-| <a name="input_default_security_group_rules"></a> [default\_security\_group\_rules](#input\_default\_security\_group\_rules) | Override default security group rules | <pre>list(<br/>    object({<br/>      name      = string<br/>      direction = string<br/>      remote    = string<br/>      tcp = optional(<br/>        object({<br/>          port_max = optional(number)<br/>          port_min = optional(number)<br/>        })<br/>      )<br/>      udp = optional(<br/>        object({<br/>          port_max = optional(number)<br/>          port_min = optional(number)<br/>        })<br/>      )<br/>      icmp = optional(<br/>        object({<br/>          type = optional(number)<br/>          code = optional(number)<br/>        })<br/>      )<br/>    })<br/>  )</pre> | `[]` | no |
+| <a name="input_default_security_group_rules"></a> [default\_security\_group\_rules](#input\_default\_security\_group\_rules) | Override default security group rules | <pre>list(<br/>    object({<br/>      name       = string<br/>      direction  = string<br/>      remote     = optional(string)<br/>      local      = optional(string)<br/>      ip_version = optional(string)<br/>      tcp = optional(<br/>        object({<br/>          port_max = optional(number)<br/>          port_min = optional(number)<br/>        })<br/>      )<br/>      udp = optional(<br/>        object({<br/>          port_max = optional(number)<br/>          port_min = optional(number)<br/>        })<br/>      )<br/>      icmp = optional(<br/>        object({<br/>          type = optional(number)<br/>          code = optional(number)<br/>        })<br/>      )<br/>    })<br/>  )</pre> | `[]` | no |
 | <a name="input_enable_vpc_flow_logs"></a> [enable\_vpc\_flow\_logs](#input\_enable\_vpc\_flow\_logs) | Enable VPC Flow Logs, it will create Flow logs collector if set to true | `bool` | `false` | no |
 | <a name="input_existing_cos_bucket_name"></a> [existing\_cos\_bucket\_name](#input\_existing\_cos\_bucket\_name) | Name of the COS bucket to collect VPC flow logs | `string` | `null` | no |
 | <a name="input_existing_cos_instance_guid"></a> [existing\_cos\_instance\_guid](#input\_existing\_cos\_instance\_guid) | GUID of the COS instance to create Flow log collector | `string` | `null` | no |
diff --git a/modules/management-vpc/variables.tf b/modules/management-vpc/variables.tf
index 8ceacb0d..e62207fb 100644
--- a/modules/management-vpc/variables.tf
+++ b/modules/management-vpc/variables.tf
@@ -59,9 +59,11 @@ variable "default_security_group_rules" {
   description = "Override default security group rules"
   type = list(
     object({
-      name      = string
-      direction = string
-      remote    = string
+      name       = string
+      direction  = string
+      remote     = optional(string)
+      local      = optional(string)
+      ip_version = optional(string)
       tcp = optional(
         object({
           port_max = optional(number)
diff --git a/modules/workload-vpc/README.md b/modules/workload-vpc/README.md
index 80462728..80b8e6b3 100644
--- a/modules/workload-vpc/README.md
+++ b/modules/workload-vpc/README.md
@@ -45,7 +45,7 @@ No resources.
 | <a name="input_default_network_acl_name"></a> [default\_network\_acl\_name](#input\_default\_network\_acl\_name) | Override default ACL name | `string` | `null` | no |
 | <a name="input_default_routing_table_name"></a> [default\_routing\_table\_name](#input\_default\_routing\_table\_name) | Override default VPC routing table name | `string` | `null` | no |
 | <a name="input_default_security_group_name"></a> [default\_security\_group\_name](#input\_default\_security\_group\_name) | Override default VPC security group name | `string` | `null` | no |
-| <a name="input_default_security_group_rules"></a> [default\_security\_group\_rules](#input\_default\_security\_group\_rules) | Override default security group rules | <pre>list(<br/>    object({<br/>      name      = string<br/>      direction = string<br/>      remote    = string<br/>      tcp = optional(<br/>        object({<br/>          port_max = optional(number)<br/>          port_min = optional(number)<br/>        })<br/>      )<br/>      udp = optional(<br/>        object({<br/>          port_max = optional(number)<br/>          port_min = optional(number)<br/>        })<br/>      )<br/>      icmp = optional(<br/>        object({<br/>          type = optional(number)<br/>          code = optional(number)<br/>        })<br/>      )<br/>    })<br/>  )</pre> | `[]` | no |
+| <a name="input_default_security_group_rules"></a> [default\_security\_group\_rules](#input\_default\_security\_group\_rules) | Override default security group rules | <pre>list(<br/>    object({<br/>      name       = string<br/>      direction  = string<br/>      remote     = optional(string)<br/>      local      = optional(string)<br/>      ip_version = optional(string)<br/>      tcp = optional(<br/>        object({<br/>          port_max = optional(number)<br/>          port_min = optional(number)<br/>        })<br/>      )<br/>      udp = optional(<br/>        object({<br/>          port_max = optional(number)<br/>          port_min = optional(number)<br/>        })<br/>      )<br/>      icmp = optional(<br/>        object({<br/>          type = optional(number)<br/>          code = optional(number)<br/>        })<br/>      )<br/>    })<br/>  )</pre> | `[]` | no |
 | <a name="input_enable_vpc_flow_logs"></a> [enable\_vpc\_flow\_logs](#input\_enable\_vpc\_flow\_logs) | Enable VPC Flow Logs, it will create Flow logs collector if set to true | `bool` | `false` | no |
 | <a name="input_existing_cos_bucket_name"></a> [existing\_cos\_bucket\_name](#input\_existing\_cos\_bucket\_name) | Name of the COS bucket to collect VPC flow logs | `string` | `null` | no |
 | <a name="input_existing_cos_instance_guid"></a> [existing\_cos\_instance\_guid](#input\_existing\_cos\_instance\_guid) | GUID of the COS instance to create Flow log collector | `string` | `null` | no |
diff --git a/modules/workload-vpc/variables.tf b/modules/workload-vpc/variables.tf
index 914b9c38..093933ff 100644
--- a/modules/workload-vpc/variables.tf
+++ b/modules/workload-vpc/variables.tf
@@ -59,9 +59,11 @@ variable "default_security_group_rules" {
   description = "Override default security group rules"
   type = list(
     object({
-      name      = string
-      direction = string
-      remote    = string
+      name       = string
+      direction  = string
+      remote     = optional(string)
+      local      = optional(string)
+      ip_version = optional(string)
       tcp = optional(
         object({
           port_max = optional(number)
diff --git a/solutions/fully-configurable/DA-types.md b/solutions/fully-configurable/DA-types.md
index 4f0dc3d1..2edafdfd 100644
--- a/solutions/fully-configurable/DA-types.md
+++ b/solutions/fully-configurable/DA-types.md
@@ -131,6 +131,8 @@ This variable configuration allows you to specify the list of security group rul
 - `name` (required): The name of the security group rule.
 - `direction` (required): The direction of the traffic. Allowed values are `inbound` or `outbound`.
 - `remote` (optional): Security group ID or an IP address or a CIDR block.
+- `local` (optional): The local IP address or range of local IP addresses to which this rule will allow inbound traffic (or from which, for outbound traffic).
+- `ip_version` (optional): The IP version to enforce.
 - `tcp` (optional):
     - `port_min`
     - `port_max`
diff --git a/solutions/fully-configurable/variables.tf b/solutions/fully-configurable/variables.tf
index f86da000..6bebc067 100644
--- a/solutions/fully-configurable/variables.tf
+++ b/solutions/fully-configurable/variables.tf
@@ -327,9 +327,11 @@ variable "security_group_rules" {
   default     = []
   type = list(
     object({
-      name      = string
-      direction = string
-      remote    = optional(string)
+      name       = string
+      direction  = string
+      remote     = optional(string)
+      local      = optional(string)
+      ip_version = optional(string)
       tcp = optional(
         object({
           port_max = optional(number)
diff --git a/tests/other_test.go b/tests/other_test.go
index 058aae85..7351cdb8 100644
--- a/tests/other_test.go
+++ b/tests/other_test.go
@@ -38,3 +38,18 @@ func TestRunSpecificZoneExample(t *testing.T) {
 	assert.Nil(t, err, "This should not have errored")
 	assert.NotNil(t, output, "Expected some output")
 }
+
+func TestRunCustomSecurityGroupExample(t *testing.T) {
+	t.Parallel()
+
+	options := testhelper.TestOptionsDefaultWithVars(&testhelper.TestOptions{
+		Testing:       t,
+		TerraformDir:  customSecurityGroupExampleTerraformDir,
+		Prefix:        "sg-slz",
+		ResourceGroup: resourceGroup,
+	})
+
+	output, err := options.RunTestConsistency()
+	assert.Nil(t, err, "This should not have errored")
+	assert.NotNil(t, output, "Expected some output")
+}
diff --git a/tests/pr_test.go b/tests/pr_test.go
index b3a08359..16559c12 100644
--- a/tests/pr_test.go
+++ b/tests/pr_test.go
@@ -22,6 +22,7 @@ import (
 )
 
 const basicExampleTerraformDir = "examples/basic"
+const customSecurityGroupExampleTerraformDir = "examples/custom_security_group"
 const defaultExampleTerraformDir = "examples/default"
 const landingZoneExampleTerraformDir = "examples/landing_zone"
 const hubAndSpokeDelegatedExampleTerraformDir = "examples/hub-spoke-delegated-resolver"
diff --git a/variables.tf b/variables.tf
index 2937beb3..c10953ed 100644
--- a/variables.tf
+++ b/variables.tf
@@ -425,9 +425,11 @@ variable "security_group_rules" {
   default     = []
   type = list(
     object({
-      name      = string
-      direction = string
-      remote    = optional(string)
+      name       = string
+      direction  = string
+      remote     = optional(string)
+      local      = optional(string)
+      ip_version = optional(string)
       tcp = optional(
         object({
           port_max = optional(number)