diff --git a/README.md b/README.md
index 4646de1..8479844 100644
--- a/README.md
+++ b/README.md
@@ -87,13 +87,13 @@ statement instead the previous block.
 | Name | Version |
 |------|---------|
 | <a name="requirement_terraform"></a> [terraform](#requirement\_terraform) | >= 1.3.0 |
-| <a name="requirement_ibm"></a> [ibm](#requirement\_ibm) | >= 1.58.1, <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_rule"></a> [cbr\_rule](#module\_cbr\_rule) | terraform-ibm-modules/cbr/ibm//modules/cbr-rule-module | 1.24.0 |
+| <a name="module_cbr_rule"></a> [cbr\_rule](#module\_cbr\_rule) | terraform-ibm-modules/cbr/ibm//modules/cbr-rule-module | 1.28.1 |
 
 ### Resources
 
diff --git a/examples/advanced/version.tf b/examples/advanced/version.tf
index 7976394..eea0f48 100644
--- a/examples/advanced/version.tf
+++ b/examples/advanced/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 = ">=1.61.0, <2.0.0"
+      version = ">=1.70.0, <2.0.0"
     }
   }
 }
diff --git a/examples/basic/version.tf b/examples/basic/version.tf
index f3a66ff..480a674 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 = "1.65.0"
+      version = "1.70.0"
     }
   }
 }
diff --git a/main.tf b/main.tf
index 6d8005a..644c253 100644
--- a/main.tf
+++ b/main.tf
@@ -48,7 +48,7 @@ resource "ibm_resource_tag" "scc_wp_access_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          = "1.24.0"
+  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/version.tf b/version.tf
index 02ef805..c9bf260 100644
--- a/version.tf
+++ b/version.tf
@@ -4,7 +4,7 @@ terraform {
     # Use "greater than or equal to" range in modules
     ibm = {
       source  = "ibm-cloud/ibm"
-      version = ">= 1.58.1, <2.0.0"
+      version = ">= 1.70.0, <2.0.0"
     }
   }
 }