diff --git a/embedded-bins/Makefile.variables b/embedded-bins/Makefile.variables
index 794e5ff0c006..6a5ee006ddca 100644
--- a/embedded-bins/Makefile.variables
+++ b/embedded-bins/Makefile.variables
@@ -12,7 +12,7 @@ runc_build_go_tags = "seccomp"
 #runc_build_go_ldflags =
 runc_build_go_ldflags_extra = "-w -s -extldflags=-static"
 
-containerd_version = 1.7.4
+containerd_version = 1.7.5
 containerd_buildimage = $(golang_buildimage)
 containerd_build_go_tags = "apparmor,selinux"
 containerd_build_shim_go_cgo_enabled = 0
diff --git a/go.mod b/go.mod
index 4b5e56ea6879..1b3108773cf3 100644
--- a/go.mod
+++ b/go.mod
@@ -14,7 +14,7 @@ require (
 	github.com/bombsimon/logrusr/v2 v2.0.1
 	github.com/cavaliergopher/grab/v3 v3.0.1
 	github.com/cloudflare/cfssl v1.6.4
-	github.com/containerd/containerd v1.7.4
+	github.com/containerd/containerd v1.7.5
 	github.com/denisbrodbeck/machineid v1.0.1
 	github.com/estesp/manifest-tool/v2 v2.0.6
 	github.com/evanphx/json-patch v5.6.0+incompatible
@@ -106,7 +106,7 @@ require (
 	github.com/containerd/cgroups v1.1.0 // indirect
 	github.com/containerd/cgroups/v3 v3.0.2 // indirect
 	github.com/containerd/console v1.0.3 // indirect
-	github.com/containerd/continuity v0.4.2-0.20230616210509-1e0d26eb2381 // indirect
+	github.com/containerd/continuity v0.4.2 // indirect
 	github.com/containerd/fifo v1.1.0 // indirect
 	github.com/containerd/go-cni v1.1.9 // indirect
 	github.com/containerd/go-runc v1.0.0 // indirect
diff --git a/go.sum b/go.sum
index ed15b0a1c0bf..bea9eeb3122e 100644
--- a/go.sum
+++ b/go.sum
@@ -157,10 +157,10 @@ github.com/containerd/cgroups/v3 v3.0.2/go.mod h1:JUgITrzdFqp42uI2ryGA+ge0ap/nxz
 github.com/containerd/console v1.0.1/go.mod h1:XUsP6YE/mKtz6bxc+I8UiKKTP04qjQL4qcS3XoQ5xkw=
 github.com/containerd/console v1.0.3 h1:lIr7SlA5PxZyMV30bDW0MGbiOPXwc63yRuCP0ARubLw=
 github.com/containerd/console v1.0.3/go.mod h1:7LqA/THxQ86k76b8c/EMSiaJ3h1eZkMkXar0TQ1gf3U=
-github.com/containerd/containerd v1.7.4 h1:Q5lwCrO44ahHhO65rXthXkfJUG5W78LXwK9gTt8XFfU=
-github.com/containerd/containerd v1.7.4/go.mod h1:gq7JDNtCrI1Zlcc572a9tvP1f1Ja8VBxiB9J00apAtU=
-github.com/containerd/continuity v0.4.2-0.20230616210509-1e0d26eb2381 h1:a5jOuoZHKBi2oH9JsfNqrrPpHhmrYU0NAte3M/EPudw=
-github.com/containerd/continuity v0.4.2-0.20230616210509-1e0d26eb2381/go.mod h1:F6PTNCKepoxEaXLQp3wDAjygEnImnZ/7o4JzpodfroQ=
+github.com/containerd/containerd v1.7.5 h1:i9T9XpAWMe11BHMN7pu1BZqOGjXaKTPyz2v+KYOZgkY=
+github.com/containerd/containerd v1.7.5/go.mod h1:ieJNCSzASw2shSGYLHx8NAE7WsZ/gEigo5fQ78W5Zvw=
+github.com/containerd/continuity v0.4.2 h1:v3y/4Yz5jwnvqPKJJ+7Wf93fyWoCB3F5EclWG023MDM=
+github.com/containerd/continuity v0.4.2/go.mod h1:F6PTNCKepoxEaXLQp3wDAjygEnImnZ/7o4JzpodfroQ=
 github.com/containerd/fifo v1.1.0 h1:4I2mbh5stb1u6ycIABlBw9zgtlK8viPI9QkQNRQEEmY=
 github.com/containerd/fifo v1.1.0/go.mod h1:bmC4NWMbXlt2EZ0Hc7Fx7QzTFxgPID13eH0Qu+MAb2o=
 github.com/containerd/go-cni v1.1.9 h1:ORi7P1dYzCwVM6XPN4n3CbkuOx/NZ2DOqy+SHRdo9rU=