diff --git a/docs/sources/setup/install/helm/reference.md b/docs/sources/setup/install/helm/reference.md
index 7a6009d3d190..cf20e1486e22 100644
--- a/docs/sources/setup/install/helm/reference.md
+++ b/docs/sources/setup/install/helm/reference.md
@@ -1116,7 +1116,7 @@ null
 			<td>string</td>
 			<td>The gateway image tag</td>
 			<td><pre lang="json">
-"1.23-alpine"
+"1.24-alpine"
 </pre>
 </td>
 		</tr>
diff --git a/production/helm/loki/CHANGELOG.md b/production/helm/loki/CHANGELOG.md
index 389f52b9b8c0..7f840126e113 100644
--- a/production/helm/loki/CHANGELOG.md
+++ b/production/helm/loki/CHANGELOG.md
@@ -13,6 +13,9 @@ Entries should include a reference to the pull request that introduced the chang
 
 [//]: # (<AUTOMATED_UPDATES_LOCATOR> : do not remove this line. This locator is used by the CI pipeline to automatically create a changelog entry for each new Loki release. Add other chart versions and respective changelog entries bellow this line.)
 
+## 5.27.0
+- [CHANGE] Bump `nginxinc/nginx-unpriviledged` image version to remediate [CVE-2023-4863](https://github.com/advisories/GHSA-j7hp-h8jx-5ppr)
+
 ## 5.26.0
 
 - [ENHANCEMENT] Allow emptyDir data volumes for backend and write (via `X.persistence.volumeClaimsEnabled: false`)
diff --git a/production/helm/loki/Chart.yaml b/production/helm/loki/Chart.yaml
index 0ec8d4701007..6915560bbb05 100644
--- a/production/helm/loki/Chart.yaml
+++ b/production/helm/loki/Chart.yaml
@@ -3,7 +3,7 @@ name: loki
 description: Helm chart for Grafana Loki in simple, scalable mode
 type: application
 appVersion: 2.9.1
-version: 5.26.0
+version: 5.27.0
 home: https://grafana.github.io/helm-charts
 sources:
   - https://github.com/grafana/loki
diff --git a/production/helm/loki/README.md b/production/helm/loki/README.md
index 318ed08a8277..da6042787675 100644
--- a/production/helm/loki/README.md
+++ b/production/helm/loki/README.md
@@ -1,6 +1,6 @@
 # loki
 
-![Version: 5.26.0](https://img.shields.io/badge/Version-5.26.0-informational?style=flat-square) ![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![AppVersion: 2.9.1](https://img.shields.io/badge/AppVersion-2.9.1-informational?style=flat-square)
+![Version: 5.27.0](https://img.shields.io/badge/Version-5.27.0-informational?style=flat-square) ![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![AppVersion: 2.9.1](https://img.shields.io/badge/AppVersion-2.9.1-informational?style=flat-square)
 
 Helm chart for Grafana Loki in simple, scalable mode
 
diff --git a/production/helm/loki/values.yaml b/production/helm/loki/values.yaml
index 4ba3f3b41e7d..65f5473f36f2 100644
--- a/production/helm/loki/values.yaml
+++ b/production/helm/loki/values.yaml
@@ -1269,7 +1269,7 @@ gateway:
     # -- The gateway image repository
     repository: nginxinc/nginx-unprivileged
     # -- The gateway image tag
-    tag: 1.23-alpine
+    tag: 1.24-alpine
     # -- Overrides the gateway image tag with an image digest
     digest: null
     # -- The gateway image pull policy