diff --git a/CHANGELOG.md b/CHANGELOG.md
index 5974e922d..005680a4d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -8,6 +8,13 @@ This project follows [Keep a Changelog](https://keepachangelog.com/en/1.0.0/) fo
 
 ## [Unreleased]
 
+## [1.12.3] - 2022-07-12
+
+### Maintenance
+
+* Fixes to resolve vulnerable transitive dependencies ([919](https://github.com/awslabs/aws-lambda-powertools-java/issues/919))
+
+
 ## [1.12.2] - 2022-04-29
 
 ### Bug Fixes
diff --git a/README.md b/README.md
index 250c77b5b..68827a999 100644
--- a/README.md
+++ b/README.md
@@ -17,17 +17,17 @@ Powertools is available in Maven Central. You can use your favourite dependency
     <dependency>
         <groupId>software.amazon.lambda</groupId>
         <artifactId>powertools-tracing</artifactId>
-        <version>1.12.2</version>
+        <version>1.12.3</version>
     </dependency>
     <dependency>
         <groupId>software.amazon.lambda</groupId>
         <artifactId>powertools-logging</artifactId>
-        <version>1.12.2</version>
+        <version>1.12.3</version>
     </dependency>
     <dependency>
         <groupId>software.amazon.lambda</groupId>
         <artifactId>powertools-metrics</artifactId>
-        <version>1.12.2</version>
+        <version>1.12.3</version>
     </dependency>
     ...
 </dependencies>
diff --git a/mkdocs.yml b/mkdocs.yml
index e48370295..574b8b30a 100644
--- a/mkdocs.yml
+++ b/mkdocs.yml
@@ -76,7 +76,7 @@ extra_javascript:
 
 extra:
   powertools:
-    version: 1.12.2
+    version: 1.12.3
 
 repo_url: https://github.com/awslabs/aws-lambda-powertools-java
 edit_uri: edit/master/docs
diff --git a/pom.xml b/pom.xml
index b5d6a330b..0f9cf2cf4 100644
--- a/pom.xml
+++ b/pom.xml
@@ -6,7 +6,7 @@
 
     <groupId>software.amazon.lambda</groupId>
     <artifactId>powertools-parent</artifactId>
-    <version>1.12.2</version>
+    <version>1.12.3</version>
     <packaging>pom</packaging>
 
     <name>AWS Lambda Powertools for Java library Parent</name>
diff --git a/powertools-cloudformation/pom.xml b/powertools-cloudformation/pom.xml
index 68cff9b3d..2547e717e 100644
--- a/powertools-cloudformation/pom.xml
+++ b/powertools-cloudformation/pom.xml
@@ -10,7 +10,7 @@
     <parent>
         <artifactId>powertools-parent</artifactId>
         <groupId>software.amazon.lambda</groupId>
-        <version>1.12.2</version>
+        <version>1.12.3</version>
     </parent>
 
     <name>AWS Lambda Powertools for Java library Cloudformation</name>
diff --git a/powertools-core/pom.xml b/powertools-core/pom.xml
index a050d46c7..f54c24e12 100644
--- a/powertools-core/pom.xml
+++ b/powertools-core/pom.xml
@@ -10,7 +10,7 @@
     <parent>
         <artifactId>powertools-parent</artifactId>
         <groupId>software.amazon.lambda</groupId>
-        <version>1.12.2</version>
+        <version>1.12.3</version>
     </parent>
 
     <name>AWS Lambda Powertools for Java library Core</name>
diff --git a/powertools-idempotency/pom.xml b/powertools-idempotency/pom.xml
index 68b40082d..7ddc1e793 100644
--- a/powertools-idempotency/pom.xml
+++ b/powertools-idempotency/pom.xml
@@ -7,7 +7,7 @@
     <parent>
         <groupId>software.amazon.lambda</groupId>
         <artifactId>powertools-parent</artifactId>
-        <version>1.12.2</version>
+        <version>1.12.3</version>
     </parent>
 
     <artifactId>powertools-idempotency</artifactId>
diff --git a/powertools-logging/pom.xml b/powertools-logging/pom.xml
index 2c14b55f1..59a98b4a9 100644
--- a/powertools-logging/pom.xml
+++ b/powertools-logging/pom.xml
@@ -10,7 +10,7 @@
     <parent>
         <artifactId>powertools-parent</artifactId>
         <groupId>software.amazon.lambda</groupId>
-        <version>1.12.2</version>
+        <version>1.12.3</version>
     </parent>
 
     <name>AWS Lambda Powertools for Java library Logging</name>
diff --git a/powertools-metrics/pom.xml b/powertools-metrics/pom.xml
index 32776b315..1f83a6c19 100644
--- a/powertools-metrics/pom.xml
+++ b/powertools-metrics/pom.xml
@@ -10,7 +10,7 @@
     <parent>
         <artifactId>powertools-parent</artifactId>
         <groupId>software.amazon.lambda</groupId>
-        <version>1.12.2</version>
+        <version>1.12.3</version>
     </parent>
 
     <name>AWS Lambda Powertools for Java library Metrics</name>
diff --git a/powertools-parameters/pom.xml b/powertools-parameters/pom.xml
index 511f9c603..fb05bf738 100644
--- a/powertools-parameters/pom.xml
+++ b/powertools-parameters/pom.xml
@@ -7,7 +7,7 @@
     <parent>
         <artifactId>powertools-parent</artifactId>
         <groupId>software.amazon.lambda</groupId>
-        <version>1.12.2</version>
+        <version>1.12.3</version>
     </parent>
 
     <artifactId>powertools-parameters</artifactId>
diff --git a/powertools-serialization/pom.xml b/powertools-serialization/pom.xml
index 80dc6c8c0..69176ea3a 100644
--- a/powertools-serialization/pom.xml
+++ b/powertools-serialization/pom.xml
@@ -7,7 +7,7 @@
     <parent>
         <artifactId>powertools-parent</artifactId>
         <groupId>software.amazon.lambda</groupId>
-        <version>1.12.2</version>
+        <version>1.12.3</version>
     </parent>
 
     <artifactId>powertools-serialization</artifactId>
diff --git a/powertools-sqs/pom.xml b/powertools-sqs/pom.xml
index d1146acaa..f3ebd5e58 100644
--- a/powertools-sqs/pom.xml
+++ b/powertools-sqs/pom.xml
@@ -10,7 +10,7 @@
     <parent>
         <artifactId>powertools-parent</artifactId>
         <groupId>software.amazon.lambda</groupId>
-        <version>1.12.2</version>
+        <version>1.12.3</version>
     </parent>
 
     <name>AWS Lambda Powertools for Java library SQS</name>
diff --git a/powertools-test-suite/pom.xml b/powertools-test-suite/pom.xml
index 9668727d5..95f9a8b22 100644
--- a/powertools-test-suite/pom.xml
+++ b/powertools-test-suite/pom.xml
@@ -10,7 +10,7 @@
     <parent>
         <artifactId>powertools-parent</artifactId>
         <groupId>software.amazon.lambda</groupId>
-        <version>1.12.2</version>
+        <version>1.12.3</version>
     </parent>
 
     <name>AWS Lambda Powertools for Java library Test Suite</name>
diff --git a/powertools-tracing/pom.xml b/powertools-tracing/pom.xml
index b59d99814..59221ac4d 100644
--- a/powertools-tracing/pom.xml
+++ b/powertools-tracing/pom.xml
@@ -10,7 +10,7 @@
     <parent>
         <artifactId>powertools-parent</artifactId>
         <groupId>software.amazon.lambda</groupId>
-        <version>1.12.2</version>
+        <version>1.12.3</version>
     </parent>
 
     <name>AWS Lambda Powertools for Java library Tracing</name>
diff --git a/powertools-validation/pom.xml b/powertools-validation/pom.xml
index eacd0ac5c..80ad2ed14 100644
--- a/powertools-validation/pom.xml
+++ b/powertools-validation/pom.xml
@@ -10,7 +10,7 @@
     <parent>
         <artifactId>powertools-parent</artifactId>
         <groupId>software.amazon.lambda</groupId>
-        <version>1.12.2</version>
+        <version>1.12.3</version>
     </parent>
 
     <name>AWS Lambda Powertools for Java validation library</name>