diff --git a/Dockerfile b/Dockerfile
index be8383af15c589f3ec13460376fc8f8c2bc12176..aa98b855382eb6ba333d144ecd135b77bc75ffa7 100644
--- a/Dockerfile
+++ b/Dockerfile
@@ -2,7 +2,7 @@ ARG BASE_REGISTRY=registry1.dso.mil
 ARG BASE_IMAGE=ironbank/redhat/ubi/ubi8
 ARG BASE_TAG=8.4
 
-FROM velero/velero-plugin-for-microsoft-azure:v1.2.0 as base
+FROM velero/velero-plugin-for-microsoft-azure:v1.2.1 as base
 
 FROM ${BASE_REGISTRY}/${BASE_IMAGE}:${BASE_TAG}
 
diff --git a/hardening_manifest.yaml b/hardening_manifest.yaml
index ff6d5e9f26f40b5d4fef608d3bd5388e9c960fc6..c22e8260948db9581a47c0c7d49ffdda3d1961a7 100644
--- a/hardening_manifest.yaml
+++ b/hardening_manifest.yaml
@@ -8,7 +8,7 @@ name: "opensource/velero/velero-plugin-for-microsoft-azure"
 # The most specific version should be the first tag and will be shown
 # on ironbank.dsop.io
 tags:
-- "v1.2.0"
+- "v1.2.1"
 - "latest"
 
 # Build args passed to Dockerfile ARGs
@@ -27,7 +27,7 @@ labels:
   org.opencontainers.image.url: "https://github.com/vmware-tanzu/velero-plugin-for-microsoft-azure"
   ## Name of the distributing entity, organization or individual
   org.opencontainers.image.vendor: "vmware-tanzu"
-  org.opencontainers.image.version: "v1.2.0"
+  org.opencontainers.image.version: "v1.2.1"
   ## Keywords to help with search (ex. "cicd,gitops,golang")
   mil.dso.ironbank.image.keywords: "configmap,velero,azure"
   ## This value can be "opensource" or "commercial"
@@ -37,8 +37,8 @@ labels:
 
 # List of resources to make available to the offline build context
 resources:
-- tag: velero/velero-plugin-for-microsoft-azure:v1.2.0
-  url: docker://docker.io/velero/velero-plugin-for-microsoft-azure@sha256:7f40c38ce610313f2323013f5debb60cad2def62270234891d1f15214c7bef5b
+- tag: velero/velero-plugin-for-microsoft-azure:v1.2.1
+  url: docker://docker.io/velero/velero-plugin-for-microsoft-azure@sha256:84e07ce2bf61bed674c32c7f981094c0c3c2f82981ccc459ef33eccd00483c7d
 
 # List of project maintainers
 maintainers: