diff --git a/installations/system/helmfile.yaml b/installations/system/helmfile.yaml
index 064bbb2..413ea81 100644
--- a/installations/system/helmfile.yaml
+++ b/installations/system/helmfile.yaml
@@ -126,7 +126,7 @@ releases:
   - name: velero
     chart: vmware-tanzu/velero
     namespace: kube-system
-    version: 7.2.0
+    version: 7.2.1
     condition: velero.enabled
     needs:
       - kube-system/cilium