diff --git a/Dockerfile b/Dockerfile
index e89088bb7..2f1aabe2e 100644
--- a/Dockerfile
+++ b/Dockerfile
@@ -15,7 +15,7 @@
 # limitations under the License.
 
 # Build the manager binary
-FROM --platform=${BUILDPLATFORM} golang:1.20.6 as toolchain
+FROM --platform=${BUILDPLATFORM} golang:1.20.7 as toolchain
 
 # Run this with docker build --build_arg $(go env GOPROXY) to override the goproxy
 ARG goproxy=https://proxy.golang.org,direct
diff --git a/hack/ccm/Dockerfile b/hack/ccm/Dockerfile
index 0bcccb410..aff62418e 100644
--- a/hack/ccm/Dockerfile
+++ b/hack/ccm/Dockerfile
@@ -18,7 +18,7 @@ ARG TARGETPLATFORM=linux/amd64
 ARG ARCH=amd64
 
 # Build IBM cloud controller manager binary
-FROM golang:1.20.6 AS ccm-builder
+FROM golang:1.20.7 AS ccm-builder
 ARG ARCH
 ARG POWERVS_CLOUD_CONTROLLER_COMMIT
 WORKDIR /build