diff --git a/Dockerfile b/Dockerfile
index 1bad5822..1c43727e 100644
--- a/Dockerfile
+++ b/Dockerfile
@@ -25,7 +25,7 @@
 # OF THIS SOFTWARE, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGE.
 
 ARG CUDA_IMAGE=cuda
-ARG CUDA_VERSION=12.2.0
+ARG CUDA_VERSION=12.2.2
 ARG BASE_DIST=ubi8
 
 FROM golang:1.20 AS builder
diff --git a/Makefile b/Makefile
index 0e46df7b..5db26549 100644
--- a/Makefile
+++ b/Makefile
@@ -25,7 +25,7 @@
 # OF THIS SOFTWARE, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGE.
 
 DOCKER_REPO ?= "nvcr.io/nvidia/kubevirt-gpu-device-plugin"
-DOCKER_TAG ?= v1.2.2
+DOCKER_TAG ?= v1.2.3
 
 build:
 	go build -o nvidia-kubevirt-gpu-device-plugin kubevirt-gpu-device-plugin/cmd
diff --git a/manifests/nvidia-kubevirt-gpu-device-plugin.yaml b/manifests/nvidia-kubevirt-gpu-device-plugin.yaml
index a21de905..98855af6 100644
--- a/manifests/nvidia-kubevirt-gpu-device-plugin.yaml
+++ b/manifests/nvidia-kubevirt-gpu-device-plugin.yaml
@@ -20,7 +20,7 @@ spec:
         operator: Exists
       containers:
       - name: nvidia-kubevirt-gpu-dp-ctr
-        image: nvcr.io/nvidia/kubevirt-gpu-device-plugin:v1.2.2
+        image: nvcr.io/nvidia/kubevirt-gpu-device-plugin:v1.2.3
         securityContext:
           allowPrivilegeEscalation: false
           capabilities: