diff --git a/chart/Chart.yaml b/chart/Chart.yaml
index b8821c33c..20b62ea46 100644
--- a/chart/Chart.yaml
+++ b/chart/Chart.yaml
@@ -3,8 +3,8 @@
 
 apiVersion: v2
 name: vault-secrets-operator
-version: 0.7.0
-appVersion: "0.7.0"
+version: 0.7.1
+appVersion: "0.7.1"
 kubeVersion: ">=1.21.0-0"
 description: Official Vault Secrets Operator Chart
 type: application
diff --git a/chart/values.yaml b/chart/values.yaml
index b1d3c5ba9..a9b60fa74 100644
--- a/chart/values.yaml
+++ b/chart/values.yaml
@@ -149,7 +149,7 @@ controller:
     image:
       pullPolicy: IfNotPresent
       repository: hashicorp/vault-secrets-operator
-      tag: 0.7.0
+      tag: 0.7.1
 
     # logging
     logging:
diff --git a/config/manager/kustomization.yaml b/config/manager/kustomization.yaml
index d1127e14c..6df89fc64 100644
--- a/config/manager/kustomization.yaml
+++ b/config/manager/kustomization.yaml
@@ -16,4 +16,4 @@ kind: Kustomization
 images:
 - name: controller
   newName: hashicorp/vault-secrets-operator
-  newTag: 0.7.0
+  newTag: 0.7.1