diff --git a/README.md b/README.md
index bae91c63..a638899d 100644
--- a/README.md
+++ b/README.md
@@ -113,7 +113,7 @@ You need the following permissions to run this module.
 
 | Name | Source | Version |
 |------|--------|---------|
-| <a name="module_cbr_rule"></a> [cbr\_rule](#module\_cbr\_rule) | terraform-ibm-modules/cbr/ibm//modules/cbr-rule-module | 1.33.6 |
+| <a name="module_cbr_rule"></a> [cbr\_rule](#module\_cbr\_rule) | terraform-ibm-modules/cbr/ibm//modules/cbr-rule-module | 1.33.7 |
 | <a name="module_es_guid_crn_parser"></a> [es\_guid\_crn\_parser](#module\_es\_guid\_crn\_parser) | terraform-ibm-modules/common-utilities/ibm//modules/crn-parser | 1.2.0 |
 | <a name="module_kms_key_crn_parser"></a> [kms\_key\_crn\_parser](#module\_kms\_key\_crn\_parser) | terraform-ibm-modules/common-utilities/ibm//modules/crn-parser | 1.2.0 |
 
diff --git a/common-dev-assets b/common-dev-assets
index 1df43f2d..ae23e021 160000
--- a/common-dev-assets
+++ b/common-dev-assets
@@ -1 +1 @@
-Subproject commit 1df43f2daf97a529d05350408d32a12f50d89fbf
+Subproject commit ae23e021950779a9c0612e71ce51d074f14b7543
diff --git a/examples/fscloud/main.tf b/examples/fscloud/main.tf
index b77223b3..67c91e0c 100644
--- a/examples/fscloud/main.tf
+++ b/examples/fscloud/main.tf
@@ -38,7 +38,7 @@ resource "ibm_is_subnet" "testacc_subnet" {
 ##############################################################################
 module "cbr_vpc_zone" {
   source           = "terraform-ibm-modules/cbr/ibm//modules/cbr-zone-module"
-  version          = "1.33.6"
+  version          = "1.33.7"
   name             = "${var.prefix}-VPC-network-zone"
   zone_description = "CBR Network zone representing VPC"
   account_id       = data.ibm_iam_account_settings.iam_account_settings.account_id
@@ -50,7 +50,7 @@ module "cbr_vpc_zone" {
 
 module "cbr_zone_schematics" {
   source           = "terraform-ibm-modules/cbr/ibm//modules/cbr-zone-module"
-  version          = "1.33.6"
+  version          = "1.33.7"
   name             = "${var.prefix}-schematics-zone"
   zone_description = "CBR Network zone containing Schematics"
   account_id       = data.ibm_iam_account_settings.iam_account_settings.account_id
diff --git a/main.tf b/main.tf
index c184f4ab..5ea5f694 100644
--- a/main.tf
+++ b/main.tf
@@ -200,7 +200,7 @@ resource "time_sleep" "wait_for_es_s2s_policy" {
 module "cbr_rule" {
   count            = length(var.cbr_rules) > 0 ? length(var.cbr_rules) : 0
   source           = "terraform-ibm-modules/cbr/ibm//modules/cbr-rule-module"
-  version          = "1.33.6"
+  version          = "1.33.7"
   rule_description = var.cbr_rules[count.index].description
   enforcement_mode = var.cbr_rules[count.index].enforcement_mode
   rule_contexts    = var.cbr_rules[count.index].rule_contexts
diff --git a/solutions/security-enforced/main.tf b/solutions/security-enforced/main.tf
index 844826d5..4174095b 100644
--- a/solutions/security-enforced/main.tf
+++ b/solutions/security-enforced/main.tf
@@ -105,7 +105,7 @@ module "kms" {
   }
   count                       = var.existing_kms_key_crn == null ? 1 : 0 # no need to create any KMS resources if passing an existing key
   source                      = "terraform-ibm-modules/kms-all-inclusive/ibm"
-  version                     = "5.4.3"
+  version                     = "5.4.4"
   create_key_protect_instance = false
   region                      = local.kms_region
   existing_kms_instance_crn   = var.existing_kms_instance_crn