diff --git a/config/default/kustomization.yaml b/config/default/kustomization.yaml
index 3c1bcae73..c24c6b40d 100644
--- a/config/default/kustomization.yaml
+++ b/config/default/kustomization.yaml
@@ -2,8 +2,8 @@ apiVersion: kustomize.config.k8s.io/v1beta1
 kind: Kustomization
 namespace: helm-system
 resources:
-- https://github.com/fluxcd/source-controller/releases/download/v1.2.2/source-controller.crds.yaml
-- https://github.com/fluxcd/source-controller/releases/download/v1.2.2/source-controller.deployment.yaml
+- https://github.com/fluxcd/source-controller/releases/download/v1.2.4/source-controller.crds.yaml
+- https://github.com/fluxcd/source-controller/releases/download/v1.2.4/source-controller.deployment.yaml
 - ../crd
 - ../rbac
 - ../manager
diff --git a/go.mod b/go.mod
index eb6782e53..3aa903efb 100644
--- a/go.mod
+++ b/go.mod
@@ -24,7 +24,7 @@ require (
 	github.com/fluxcd/pkg/runtime v0.44.0
 	github.com/fluxcd/pkg/ssa v0.36.0
 	github.com/fluxcd/pkg/testserver v0.5.0
-	github.com/fluxcd/source-controller/api v1.2.2
+	github.com/fluxcd/source-controller/api v1.2.4
 	github.com/go-logr/logr v1.3.0
 	github.com/google/go-cmp v0.6.0
 	github.com/hashicorp/go-retryablehttp v0.7.5
diff --git a/go.sum b/go.sum
index d1fe67f8b..85e4f0557 100644
--- a/go.sum
+++ b/go.sum
@@ -110,8 +110,8 @@ github.com/fluxcd/pkg/ssa v0.36.0 h1:h9FB6SrrdVlxNQtfG+Fb/Roe1e61EPgtmJ5ORlAxwkU
 github.com/fluxcd/pkg/ssa v0.36.0/go.mod h1:FJj4xznwBvRM+9h02lGGC0CGYGucPeXO7P6NEPphbys=
 github.com/fluxcd/pkg/testserver v0.5.0 h1:n/Iskk0tXNt2AgIgjz9qeFK/VhEXGfqeazABXZmO2Es=
 github.com/fluxcd/pkg/testserver v0.5.0/go.mod h1:/p4st6d0uPLy8wXydeF/kDJgxUYO9u2NqySuXb9S+Fo=
-github.com/fluxcd/source-controller/api v1.2.2 h1:OUivb1UHDmY8+hlxjRx3k8i1w3jMSytdOYRMfmeeZhY=
-github.com/fluxcd/source-controller/api v1.2.2/go.mod h1:5gaIVVH7hgb8p3HKFp8P6hGmZEC8fKSt4EcrG3g5vZI=
+github.com/fluxcd/source-controller/api v1.2.4 h1:XjKTWhSSeLGsogWnTcLl5sUnyMlC5TKDbbBgP9SyJ5c=
+github.com/fluxcd/source-controller/api v1.2.4/go.mod h1:j3QSHpIPBP5sjaGIkVtsgWCx8JcOmcsutRmdJmRMOZg=
 github.com/foxcpp/go-mockdns v1.0.0 h1:7jBqxd3WDWwi/6WhDvacvH1XsN3rOLXyHM1uhvIx6FI=
 github.com/foxcpp/go-mockdns v1.0.0/go.mod h1:lgRN6+KxQBawyIghpnl5CezHFGS9VLzvtVlwxvzXTQ4=
 github.com/frankban/quicktest v1.14.3 h1:FJKSZTDHjyhriyC81FLQ0LY93eSai0ZyR/ZIkd3ZUKE=