diff --git a/internal/service/ec2/security_group.go b/internal/service/ec2/security_group.go
index aea4212c5fd..3458d93c1c9 100644
--- a/internal/service/ec2/security_group.go
+++ b/internal/service/ec2/security_group.go
@@ -343,12 +343,26 @@ func resourceSecurityGroupRead(d *schema.ResourceData, meta interface{}) error {
 	defaultTagsConfig := meta.(*conns.AWSClient).DefaultTagsConfig
 	ignoreTagsConfig := meta.(*conns.AWSClient).IgnoreTagsConfig
 
-	sg, err := FindSecurityGroupByID(conn, d.Id())
+	var sg *ec2.SecurityGroup
+	var err error
 	var nfe *resource.NotFoundError
-	if !d.IsNewResource() && errors.As(err, &nfe) {
-		log.Printf("[WARN] Security group (%s) not found, removing from state", d.Id())
-		d.SetId("")
+	err = resource.Retry(15 * time.Second, func() *resource.RetryError {
+		sg, err = FindSecurityGroupByID(conn, d.Id())
+		if !d.IsNewResource() && errors.As(err, &nfe) {
+			log.Printf("[WARN] Security group (%s) not found, removing from state", d.Id())
+			d.SetId("")
+			return nil
+		}
+		if d.IsNewResource() && errors.As(err, &nfe) {
+			return resource.RetryableError(err)
+		}
+		if err != nil {
+			return resource.NonRetryableError(err)
+		}
 		return nil
+	})
+	if tfresource.TimedOut(err) {
+		sg, err = FindSecurityGroupByID(conn, d.Id())
 	}
 	if err != nil {
 		return fmt.Errorf("error reading Security Group (%s): %w", d.Id(), err)
@@ -405,7 +419,22 @@ func resourceSecurityGroupRead(d *schema.ResourceData, meta interface{}) error {
 func resourceSecurityGroupUpdate(d *schema.ResourceData, meta interface{}) error {
 	conn := meta.(*conns.AWSClient).EC2Conn
 
-	group, err := FindSecurityGroupByID(conn, d.Id())
+	var group *ec2.SecurityGroup
+	var err error
+	var nfe *resource.NotFoundError
+	err = resource.Retry(15 * time.Second, func() *resource.RetryError {
+		group, err = FindSecurityGroupByID(conn, d.Id())
+		if errors.As(err, &nfe) {
+			return resource.RetryableError(err)
+		} 
+		if err != nil {
+			return resource.NonRetryableError(err)
+		}
+		return nil
+	})
+	if tfresource.TimedOut(err) {
+		group, err = FindSecurityGroupByID(conn, d.Id())
+	}
 	if err != nil {
 		return fmt.Errorf("error updating Security Group (%s): %w", d.Id(), err)
 	}