diff --git a/charts/galoy-deps/Chart.lock b/charts/galoy-deps/Chart.lock
index cb803c920b..edee4528b7 100644
--- a/charts/galoy-deps/Chart.lock
+++ b/charts/galoy-deps/Chart.lock
@@ -1,7 +1,7 @@
 dependencies:
 - name: cert-manager
   repository: https://charts.jetstack.io
-  version: v1.12.2
+  version: v1.12.3
 - name: ingress-nginx
   repository: https://kubernetes.github.io/ingress-nginx
   version: 4.7.1
@@ -14,5 +14,5 @@ dependencies:
 - name: opentelemetry-collector
   repository: https://open-telemetry.github.io/opentelemetry-helm-charts
   version: 0.62.3
-digest: sha256:f3aa2af03dd4fdbea04858ecaf263d8da8dbc8093219ea7a3e282ead2b54bf07
-generated: "2023-07-20T15:35:10.521844705Z"
+digest: sha256:8fc2b01a0fc2e4df934174e8c765222ff4124a042d7c8855b3e4a147b9172022
+generated: "2023-07-26T12:57:03.102815616Z"
diff --git a/charts/galoy-deps/Chart.yaml b/charts/galoy-deps/Chart.yaml
index ec7d81c960..533af0bba3 100644
--- a/charts/galoy-deps/Chart.yaml
+++ b/charts/galoy-deps/Chart.yaml
@@ -22,7 +22,7 @@ appVersion: "0.1.0"
 dependencies:
   - name: "cert-manager"
     repository: "https://charts.jetstack.io"
-    version: v1.12.2
+    version: v1.12.3
     condition: cert-manager.enabled
   - name: "ingress-nginx"
     repository: "https://kubernetes.github.io/ingress-nginx"