diff --git a/.circleci/config.yml b/.circleci/config.yml
index 986e975..1f14071 100644
--- a/.circleci/config.yml
+++ b/.circleci/config.yml
@@ -10,7 +10,7 @@ executors:
   buildpack:
     environment:
       IMAGE_NAME: $CIRCLE_PROJECT_USERNAME/$CIRCLE_PROJECT_REPONAME
-      TF_VERSION: 0.12.2
+      TF_VERSION: 0.12.3
     docker:
       - image: circleci/buildpack-deps
 jobs:
diff --git a/Dockerfile b/Dockerfile
index 98d397a..74bffea 100644
--- a/Dockerfile
+++ b/Dockerfile
@@ -1,4 +1,4 @@
-ARG TF_VERSION=0.12.2
+ARG TF_VERSION=0.12.3
 ARG PYTHON_VERSION=3.7
 
 FROM hashicorp/terraform:$TF_VERSION AS terraform