diff --git a/README.md b/README.md
index fb84a78..5f37976 100644
--- a/README.md
+++ b/README.md
@@ -90,13 +90,13 @@ You need the following permissions to run this module.
 | Name | Version |
 |------|---------|
 | <a name="requirement_terraform"></a> [terraform](#requirement\_terraform) | >= 1.3.0 |
-| <a name="requirement_ibm"></a> [ibm](#requirement\_ibm) | >= 1.65.0, <2.0.0 |
+| <a name="requirement_ibm"></a> [ibm](#requirement\_ibm) | >= 1.70.0, <2.0.0 |
 
 ### Modules
 
 | Name | Source | Version |
 |------|--------|---------|
-| <a name="module_cbr_rules"></a> [cbr\_rules](#module\_cbr\_rules) | terraform-ibm-modules/cbr/ibm//modules/cbr-service-profile | 1.24.1 |
+| <a name="module_cbr_rules"></a> [cbr\_rules](#module\_cbr\_rules) | terraform-ibm-modules/cbr/ibm//modules/cbr-service-profile | 1.28.1 |
 
 ### Resources
 
diff --git a/examples/basic/version.tf b/examples/basic/version.tf
index 696ad48..b08f513 100644
--- a/examples/basic/version.tf
+++ b/examples/basic/version.tf
@@ -6,7 +6,7 @@ terraform {
   required_providers {
     ibm = {
       source  = "IBM-Cloud/ibm"
-      version = "1.65.0"
+      version = "1.70.0"
     }
   }
 }
diff --git a/examples/complete/main.tf b/examples/complete/main.tf
index d8d7053..ae3f257 100644
--- a/examples/complete/main.tf
+++ b/examples/complete/main.tf
@@ -17,7 +17,7 @@ module "resource_group" {
 # Create COS instance
 module "cos_instance" {
   source                 = "terraform-ibm-modules/cos/ibm"
-  version                = "8.11.7"
+  version                = "8.14.2"
   cos_instance_name      = "${var.prefix}-cos"
   kms_encryption_enabled = false
   retention_enabled      = false
@@ -28,7 +28,7 @@ module "cos_instance" {
 # Create Key Protect instance
 module "key_protect_instance" {
   source            = "terraform-ibm-modules/key-protect/ibm"
-  version           = "2.8.4"
+  version           = "2.8.7"
   key_protect_name  = "${var.prefix}-key-protect"
   resource_group_id = module.resource_group.resource_group_id
   plan              = "tiered-pricing"
diff --git a/examples/complete/version.tf b/examples/complete/version.tf
index e9804d3..587cd47 100644
--- a/examples/complete/version.tf
+++ b/examples/complete/version.tf
@@ -6,7 +6,7 @@ terraform {
   required_providers {
     ibm = {
       source  = "IBM-Cloud/ibm"
-      version = ">= 1.65.0, < 2.0.0"
+      version = ">= 1.70.0, < 2.0.0"
     }
   }
 }
diff --git a/main.tf b/main.tf
index 3cec604..9d3c717 100644
--- a/main.tf
+++ b/main.tf
@@ -16,7 +16,7 @@ resource "ibm_iam_authorization_policy" "auth_policies" {
 
 module "cbr_rules" {
   source                 = "terraform-ibm-modules/cbr/ibm//modules/cbr-service-profile"
-  version                = "1.24.1"
+  version                = "1.28.1"
   target_service_details = var.cbr_target_service_details
   zone_vpc_crn_list      = var.zone_vpc_crn_list
   zone_service_ref_list  = var.zone_service_ref_list
diff --git a/version.tf b/version.tf
index 0b1883f..4a7bd8d 100644
--- a/version.tf
+++ b/version.tf
@@ -5,7 +5,7 @@ terraform {
     ibm = {
       source = "IBM-Cloud/ibm"
       # Use "greater than or equal to" range in modules
-      version = ">= 1.65.0, <2.0.0"
+      version = ">= 1.70.0, <2.0.0"
     }
   }
 }