diff --git a/terraform/shared/egress_space/providers.tf b/terraform/shared/egress_space/providers.tf
index 21ac567a2..01ab1f803 100644
--- a/terraform/shared/egress_space/providers.tf
+++ b/terraform/shared/egress_space/providers.tf
@@ -3,7 +3,7 @@ terraform {
   required_providers {
     cloudfoundry = {
       source  = "cloudfoundry-community/cloudfoundry"
-      version = "0.53.0"
+      version = "0.53.1"
     }
   }
 }
diff --git a/terraform/staging/providers.tf b/terraform/staging/providers.tf
index 11dceea7d..0f09460ef 100644
--- a/terraform/staging/providers.tf
+++ b/terraform/staging/providers.tf
@@ -3,7 +3,7 @@ terraform {
   required_providers {
     cloudfoundry = {
       source  = "cloudfoundry-community/cloudfoundry"
-      version = "0.53.0"
+      version = "0.53.1"
     }
   }