diff --git a/go.mod b/go.mod
index b716bbe468..926b03dd08 100644
--- a/go.mod
+++ b/go.mod
@@ -41,7 +41,7 @@ require (
 	k8s.io/klog v1.0.0
 	k8s.io/klog/v2 v2.70.0
 	k8s.io/utils v0.0.0-20220210201930-3a6ce19ff2f9
-	sigs.k8s.io/controller-runtime v0.12.2
+	sigs.k8s.io/controller-runtime v0.12.3
 	sigs.k8s.io/yaml v1.3.0
 )
 
diff --git a/go.sum b/go.sum
index 184c5ebaca..f59ac7ee17 100644
--- a/go.sum
+++ b/go.sum
@@ -1472,8 +1472,8 @@ rsc.io/sampler v1.3.0/go.mod h1:T1hPZKmBbMNahiBKFy5HrXp6adAjACjK9JXDnKaTXpA=
 sigs.k8s.io/apiserver-network-proxy/konnectivity-client v0.0.14/go.mod h1:LEScyzhFmoF5pso/YSeBstl57mOzx9xlU9n85RGrDQg=
 sigs.k8s.io/apiserver-network-proxy/konnectivity-client v0.0.15/go.mod h1:LEScyzhFmoF5pso/YSeBstl57mOzx9xlU9n85RGrDQg=
 sigs.k8s.io/apiserver-network-proxy/konnectivity-client v0.0.30/go.mod h1:fEO7lRTdivWO2qYVCVG7dEADOMo/MLDCVr8So2g88Uw=
-sigs.k8s.io/controller-runtime v0.12.2 h1:nqV02cvhbAj7tbt21bpPpTByrXGn2INHRsi39lXy9sE=
-sigs.k8s.io/controller-runtime v0.12.2/go.mod h1:qKsk4WE6zW2Hfj0G4v10EnNB2jMG1C+NTb8h+DwCoU0=
+sigs.k8s.io/controller-runtime v0.12.3 h1:FCM8xeY/FI8hoAfh/V4XbbYMY20gElh9yh+A98usMio=
+sigs.k8s.io/controller-runtime v0.12.3/go.mod h1:qKsk4WE6zW2Hfj0G4v10EnNB2jMG1C+NTb8h+DwCoU0=
 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/structured-merge-diff/v4 v4.0.1/go.mod h1:bJZC9H9iH24zzfZ/41RGcq60oK1F7G282QMXDPYydCw=