diff --git a/examples/complete/main.tf b/examples/complete/main.tf
index cf04df3..2d08cde 100644
--- a/examples/complete/main.tf
+++ b/examples/complete/main.tf
@@ -17,7 +17,7 @@ locals {
 
 module "resource_group" {
   source  = "terraform-ibm-modules/resource-group/ibm"
-  version = "1.2.1"
+  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 ? "${var.prefix}-resource-group" : null
   existing_resource_group_name = var.resource_group
@@ -195,7 +195,7 @@ module "secret_manager_imported_cert" {
 # create a COS instance to create the service credential for
 module "cloud_object_storage" {
   source                             = "terraform-ibm-modules/cos/ibm"
-  version                            = "10.1.15"
+  version                            = "10.1.16"
   resource_group_id                  = module.resource_group.resource_group_id
   region                             = var.region
   cos_instance_name                  = "${var.prefix}-cos"
diff --git a/examples/private/main.tf b/examples/private/main.tf
index 9f571ec..f6a4d67 100644
--- a/examples/private/main.tf
+++ b/examples/private/main.tf
@@ -14,7 +14,7 @@ locals {
 
 module "resource_group" {
   source  = "terraform-ibm-modules/resource-group/ibm"
-  version = "1.2.1"
+  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 ? "${var.prefix}-resource-group" : null
   existing_resource_group_name = var.resource_group
@@ -198,7 +198,7 @@ module "secret_manager_imported_cert" {
 # create a COS instance to create the service credential for
 module "cloud_object_storage" {
   source                              = "terraform-ibm-modules/cos/ibm"
-  version                             = "10.1.15"
+  version                             = "10.1.16"
   resource_group_id                   = module.resource_group.resource_group_id
   region                              = local.sm_region
   cos_instance_name                   = "${var.prefix}-cos"