diff --git a/README.md b/README.md
index 19f68d3b9e..754bc7e702 100644
--- a/README.md
+++ b/README.md
@@ -243,9 +243,9 @@ sops                      3.2.0      Secrets management stinks, use some sops!
 stern                     1.8.0      ⎈ Multi pod and container log tailing for Kubernetes
 sudosh                    0.1.4      Shell wrapper to run a login shell with `sudo` as the current user for the purpose of audit logging
 teleport                  3.2.4      Privileged access management for elastic infrastructure.
-terraform                 0.12.2     Terraform is a tool for building, changing, and combining infrastructure safely and efficiently.
+terraform                 0.12.3     Terraform is a tool for building, changing, and combining infrastructure safely and efficiently.
 terraform-0.11            0.11.14    Terraform is a tool for building, changing, and combining infrastructure safely and efficiently.
-terraform-0.12            0.12.2     Terraform is a tool for building, changing, and combining infrastructure safely and efficiently.
+terraform-0.12            0.12.3     Terraform is a tool for building, changing, and combining infrastructure safely and efficiently.
 terraform-docs            0.4.5      Generate docs from terraform modules
 terragrunt                0.19.2     Terragrunt is a thin wrapper for Terraform that provides extra tools for working with multiple Terraform modules.
 terrahelp                 0.6.3      Terrahelp is as a command line utility that provides useful tricks like masking of terraform output.
diff --git a/docs/targets.md b/docs/targets.md
index 5a8933dd4d..7a0789acc7 100644
--- a/docs/targets.md
+++ b/docs/targets.md
@@ -54,9 +54,9 @@ sops                      3.2.0      Secrets management stinks, use some sops!
 stern                     1.8.0      ⎈ Multi pod and container log tailing for Kubernetes
 sudosh                    0.1.4      Shell wrapper to run a login shell with `sudo` as the current user for the purpose of audit logging
 teleport                  3.2.4      Privileged access management for elastic infrastructure.
-terraform                 0.12.2     Terraform is a tool for building, changing, and combining infrastructure safely and efficiently.
+terraform                 0.12.3     Terraform is a tool for building, changing, and combining infrastructure safely and efficiently.
 terraform-0.11            0.11.14    Terraform is a tool for building, changing, and combining infrastructure safely and efficiently.
-terraform-0.12            0.12.2     Terraform is a tool for building, changing, and combining infrastructure safely and efficiently.
+terraform-0.12            0.12.3     Terraform is a tool for building, changing, and combining infrastructure safely and efficiently.
 terraform-docs            0.4.5      Generate docs from terraform modules
 terragrunt                0.19.2     Terragrunt is a thin wrapper for Terraform that provides extra tools for working with multiple Terraform modules.
 terrahelp                 0.6.3      Terrahelp is as a command line utility that provides useful tricks like masking of terraform output.
diff --git a/vendor/terraform-0.12/VERSION b/vendor/terraform-0.12/VERSION
index 26acbf080b..aa22d3ce39 100644
--- a/vendor/terraform-0.12/VERSION
+++ b/vendor/terraform-0.12/VERSION
@@ -1 +1 @@
-0.12.2
+0.12.3
diff --git a/vendor/terraform/VERSION b/vendor/terraform/VERSION
index 26acbf080b..aa22d3ce39 100644
--- a/vendor/terraform/VERSION
+++ b/vendor/terraform/VERSION
@@ -1 +1 @@
-0.12.2
+0.12.3