diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 498f9333dd..56962ef8a8 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,7 +1,7 @@
 {
   ".": "2.2.0",
   "keptn-cert-manager": "2.2.1",
-  "runtimes/python-runtime": "1.0.6",
+  "runtimes/python-runtime": "1.0.7",
   "runtimes/deno-runtime": "2.0.5",
   "lifecycle-operator": "1.1.1",
   "scheduler": "1.0.1",
diff --git a/runtimes/python-runtime/CHANGELOG.md b/runtimes/python-runtime/CHANGELOG.md
index e93cb53b6c..494ba48e08 100644
--- a/runtimes/python-runtime/CHANGELOG.md
+++ b/runtimes/python-runtime/CHANGELOG.md
@@ -1,5 +1,14 @@
 # Changelog
 
+## [1.0.7](https://github.com/keptn/lifecycle-toolkit/compare/python-runtime-v1.0.6...python-runtime-v1.0.7) (2024-10-28)
+
+
+### Dependency Updates
+
+* update module github.com/onsi/ginkgo/v2 to v2.20.2 ([#3724](https://github.com/keptn/lifecycle-toolkit/issues/3724)) ([7d62fad](https://github.com/keptn/lifecycle-toolkit/commit/7d62fadadbd251debe2b2c0c46a9042538a70c71))
+* update python docker tag to v3.12.5 ([#3696](https://github.com/keptn/lifecycle-toolkit/issues/3696)) ([7dac226](https://github.com/keptn/lifecycle-toolkit/commit/7dac22686f79f8175a8bc9aeb221c323f3cb411d))
+* update python docker tag to v3.12.7 ([#3737](https://github.com/keptn/lifecycle-toolkit/issues/3737)) ([f99d1f8](https://github.com/keptn/lifecycle-toolkit/commit/f99d1f839d8263e311b974d7f1f999422be23496))
+
 ## [1.0.6](https://github.com/keptn/lifecycle-toolkit/compare/python-runtime-v1.0.5...python-runtime-v1.0.6) (2024-08-06)