diff --git a/go.mod b/go.mod
index 0036d71e..e04a061c 100644
--- a/go.mod
+++ b/go.mod
@@ -17,7 +17,7 @@ require (
 	k8s.io/apimachinery v0.24.2
 	k8s.io/client-go v0.24.2
 	k8s.io/utils v0.0.0-20220728103510-ee6ede2d64ed
-	sigs.k8s.io/controller-runtime v0.12.2
+	sigs.k8s.io/controller-runtime v0.12.3
 	sigs.k8s.io/controller-tools v0.9.2
 )
 
diff --git a/go.sum b/go.sum
index 72e634f5..715bff51 100644
--- a/go.sum
+++ b/go.sum
@@ -1905,8 +1905,8 @@ sigs.k8s.io/apiserver-network-proxy/konnectivity-client v0.0.19/go.mod h1:LEScyz
 sigs.k8s.io/apiserver-network-proxy/konnectivity-client v0.0.25/go.mod h1:Mlj9PNLmG9bZ6BHFwFKDo5afkpWyUISkb9Me0GnK66I=
 sigs.k8s.io/apiserver-network-proxy/konnectivity-client v0.0.30/go.mod h1:fEO7lRTdivWO2qYVCVG7dEADOMo/MLDCVr8So2g88Uw=
 sigs.k8s.io/controller-runtime v0.9.2/go.mod h1:TxzMCHyEUpaeuOiZx/bIdc2T81vfs/aKdvJt9wuu0zk=
-sigs.k8s.io/controller-runtime v0.12.2 h1:nqV02cvhbAj7tbt21bpPpTByrXGn2INHRsi39lXy9sE=
-sigs.k8s.io/controller-runtime v0.12.2/go.mod h1:qKsk4WE6zW2Hfj0G4v10EnNB2jMG1C+NTb8h+DwCoU0=
+sigs.k8s.io/controller-runtime v0.12.3 h1:FCM8xeY/FI8hoAfh/V4XbbYMY20gElh9yh+A98usMio=
+sigs.k8s.io/controller-runtime v0.12.3/go.mod h1:qKsk4WE6zW2Hfj0G4v10EnNB2jMG1C+NTb8h+DwCoU0=
 sigs.k8s.io/controller-tools v0.2.4/go.mod h1:m/ztfQNocGYBgTTCmFdnK94uVvgxeZeE3LtJvd/jIzA=
 sigs.k8s.io/controller-tools v0.9.2 h1:AkTE3QAdz9LS4iD3EJvHyYxBkg/g9fTbgiYsrcsFCcM=
 sigs.k8s.io/controller-tools v0.9.2/go.mod h1:NUkn8FTV3Sad3wWpSK7dt/145qfuQ8CKJV6j4jHC5rM=