diff --git a/hack/observability/kube-state-metrics/chart/kustomization.yaml b/hack/observability/kube-state-metrics/chart/kustomization.yaml
index dcc7ae500fd4..3555c80e7e16 100644
--- a/hack/observability/kube-state-metrics/chart/kustomization.yaml
+++ b/hack/observability/kube-state-metrics/chart/kustomization.yaml
@@ -4,7 +4,7 @@ helmCharts:
     namespace: observability
     releaseName: kube-state-metrics
     valuesFile: values.yaml
-    version: 5.8.1
+    version: 5.12.1
 
 helmGlobals:
     # Store chart in ".charts" folder instead of "charts".
diff --git a/hack/observability/prometheus/kustomization.yaml b/hack/observability/prometheus/kustomization.yaml
index 88bc0cb95a7a..e879534aad15 100644
--- a/hack/observability/prometheus/kustomization.yaml
+++ b/hack/observability/prometheus/kustomization.yaml
@@ -7,7 +7,7 @@ helmCharts:
     releaseName: prometheus
     namespace: observability
     valuesFile: values.yaml
-    version: 22.6.2
+    version: 24.1.0
 
 helmGlobals:
     # Store chart in ".charts" folder instead of "charts".