diff --git a/hack/tools/go.mod b/hack/tools/go.mod
index 087037e4d..3472915c1 100644
--- a/hack/tools/go.mod
+++ b/hack/tools/go.mod
@@ -13,7 +13,7 @@ require (
 	k8s.io/code-generator v0.24.2
 	sigs.k8s.io/cluster-api/hack/tools v0.0.0-20220704133525-3997fb085b08
 	sigs.k8s.io/controller-runtime/tools/setup-envtest v0.0.0-20211110210527-619e6b92dab9
-	sigs.k8s.io/controller-tools v0.9.1
+	sigs.k8s.io/controller-tools v0.9.2
 	sigs.k8s.io/kustomize/kustomize/v4 v4.5.5
 )
 
diff --git a/hack/tools/go.sum b/hack/tools/go.sum
index be747d58f..5098fec4a 100644
--- a/hack/tools/go.sum
+++ b/hack/tools/go.sum
@@ -1937,8 +1937,9 @@ sigs.k8s.io/controller-runtime v0.12.2 h1:nqV02cvhbAj7tbt21bpPpTByrXGn2INHRsi39l
 sigs.k8s.io/controller-runtime v0.12.2/go.mod h1:qKsk4WE6zW2Hfj0G4v10EnNB2jMG1C+NTb8h+DwCoU0=
 sigs.k8s.io/controller-runtime/tools/setup-envtest v0.0.0-20211110210527-619e6b92dab9 h1:ylYUI5uaq/guUFerFRVG81FHSA5/3+fERCE1RQbQUZ4=
 sigs.k8s.io/controller-runtime/tools/setup-envtest v0.0.0-20211110210527-619e6b92dab9/go.mod h1:+sJcI1F0QI0Cv+8fp5rH5B2fK1LxzrAQqYnaPx9nY8I=
-sigs.k8s.io/controller-tools v0.9.1 h1:/mnVp0o+DTwn503e55sq0vUa58DkE4JUQmJNTV9iq1Y=
 sigs.k8s.io/controller-tools v0.9.1/go.mod h1:NUkn8FTV3Sad3wWpSK7dt/145qfuQ8CKJV6j4jHC5rM=
+sigs.k8s.io/controller-tools v0.9.2 h1:AkTE3QAdz9LS4iD3EJvHyYxBkg/g9fTbgiYsrcsFCcM=
+sigs.k8s.io/controller-tools v0.9.2/go.mod h1:NUkn8FTV3Sad3wWpSK7dt/145qfuQ8CKJV6j4jHC5rM=
 sigs.k8s.io/json v0.0.0-20211208200746-9f7c6b3444d2 h1:kDi4JBNAsJWfz1aEXhO8Jg87JJaPNLh5tIzYHgStQ9Y=
 sigs.k8s.io/json v0.0.0-20211208200746-9f7c6b3444d2/go.mod h1:B+TnT182UBxE84DiCz4CVE26eOSDAeYCpfDnC2kdKMY=
 sigs.k8s.io/kind v0.14.0/go.mod h1:UrFRPHG+2a5j0Q7qiR4gtJ4rEyn8TuMQwuOPf+m4oHg=