diff --git a/hack/tools/go.mod b/hack/tools/go.mod
index 9952d89785ea..6fabec4ce7b3 100644
--- a/hack/tools/go.mod
+++ b/hack/tools/go.mod
@@ -7,7 +7,7 @@ replace sigs.k8s.io/cluster-api => ../../
 replace sigs.k8s.io/cluster-api/test => ../../test
 
 require (
-	cloud.google.com/go/storage v1.31.0
+	cloud.google.com/go/storage v1.32.0
 	github.com/blang/semver v3.5.1+incompatible
 	github.com/hashicorp/go-multierror v1.1.1
 	github.com/pkg/errors v0.9.1
diff --git a/hack/tools/go.sum b/hack/tools/go.sum
index 424b1a675060..8df029b414b6 100644
--- a/hack/tools/go.sum
+++ b/hack/tools/go.sum
@@ -44,8 +44,8 @@ cloud.google.com/go/storage v1.6.0/go.mod h1:N7U0C8pVQ/+NIKOBQyamJIeKQKkZ+mxpohl
 cloud.google.com/go/storage v1.8.0/go.mod h1:Wv1Oy7z6Yz3DshWRJFhqM/UCfaWIRTdp0RXyy7KQOVs=
 cloud.google.com/go/storage v1.10.0/go.mod h1:FLPqc6j+Ki4BU591ie1oL6qBQGu2Bl/tZ9ullr3+Kg0=
 cloud.google.com/go/storage v1.14.0/go.mod h1:GrKmX003DSIwi9o29oFT7YDnHYwZoctc3fOKtUw0Xmo=
-cloud.google.com/go/storage v1.31.0 h1:+S3LjjEN2zZ+L5hOwj4+1OkGCsLVe0NzpXKQ1pSdTCI=
-cloud.google.com/go/storage v1.31.0/go.mod h1:81ams1PrhW16L4kF7qg+4mTq7SRs5HsbDTM0bWvrwJ0=
+cloud.google.com/go/storage v1.32.0 h1:5w6DxEGOnktmJHarxAOUywxVW9lbNWIzlzzUltG/3+o=
+cloud.google.com/go/storage v1.32.0/go.mod h1:Hhh/dogNRGca7IWv1RC2YqEn0c0G77ctA/OxflYkiD8=
 dmitri.shuralyov.com/gpu/mtl v0.0.0-20190408044501-666a987793e9/go.mod h1:H6x//7gZCb22OMCxBHrMx7a5I7Hp++hsVxbQ4BYO7hU=
 github.com/Azure/go-ansiterm v0.0.0-20210617225240-d185dfc1b5a1 h1:UQHMgLO+TxOElx5B5HZ4hJQsoJ/PvUvKRhJHDQXO8P8=
 github.com/BurntSushi/toml v0.3.1/go.mod h1:xHWCNGjB5oqiDr8zfno3MHue2Ht5sIBksp03qcyfWMU=