diff --git a/CHANGELOG.md b/CHANGELOG.md
index 8a6f225b..dbf0dc36 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,4 +2,6 @@
 
 All notable changes to this project will be documented in this file. See [standard-version](https://github.com/conventional-changelog/standard-version) for commit guidelines.
 
+### [1.2.3](https://github.com/awslabs/aws-lambda-container-image-converter/compare/1.2.2...1.2.3) (2020-07-07)
+
 ### [1.2.2](https://github.com/awslabs/aws-lambda-container-image-converter/compare/1.2.1...1.2.2) (2020-07-07)
diff --git a/VERSION b/VERSION
index d2d61a7e..e2cac26c 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-1.2.2
\ No newline at end of file
+1.2.3
\ No newline at end of file