diff --git a/installations/system/helmfile.yaml b/installations/system/helmfile.yaml
index 039c8c1..22e86d3 100644
--- a/installations/system/helmfile.yaml
+++ b/installations/system/helmfile.yaml
@@ -96,7 +96,7 @@ releases:
   - name: velero
     chart: vmware-tanzu/velero
     namespace: velero
-    version: 8.5.0
+    version: 8.7.0
     condition: velero.enabled
     needs:
       - kube-system/cilium