diff --git a/system/ack-system/iam-release.yaml b/system/ack-system/iam-release.yaml
index 554cd765e3..fe1dff5299 100644
--- a/system/ack-system/iam-release.yaml
+++ b/system/ack-system/iam-release.yaml
@@ -11,7 +11,7 @@ spec:
   chart:
     spec:
       chart: iam-chart
-      version: 1.3.11
+      version: 1.3.12
       sourceRef:
         kind: HelmRepository
         name: ack