diff --git a/CHANGELOG.md b/CHANGELOG.md
index aaf177c58b..07a4eaf214 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,10 @@
+# v1.23.2
+### Bug Fixes
+* Add compatibility workaround for A1 instance family ([#1811](https://github.com/kubernetes-sigs/aws-ebs-csi-driver/pull/1811), [@ConnorJC3](https://github.com/ConnorJC3))
+
+### Improvements
+* Upgrade dependencies (and resolve CVEs found in [#1800](https://github.com/kubernetes-sigs/aws-ebs-csi-driver/issues/1800)) ([#1809](https://github.com/kubernetes-sigs/aws-ebs-csi-driver/pull/1809), [@ConnorJC3](https://github.com/ConnorJC3))
+
 # v1.23.1
 ### Bug Fixes
 * Upgrade volume-modifier-for-k8s sidecar to 0.1.3 for Leader election conflict with csi-resizer bug fix ([#14](https://github.com/awslabs/volume-modifier-for-k8s/pull/14), [@torredil](https://github.com/torredil))
diff --git a/Makefile b/Makefile
index adc7d744ee..26a4e4704e 100644
--- a/Makefile
+++ b/Makefile
@@ -12,7 +12,7 @@
 # See the License for the specific language governing permissions and
 # limitations under the License.
 
-VERSION?=v1.23.1
+VERSION?=v1.23.2
 
 PKG=github.com/kubernetes-sigs/aws-ebs-csi-driver
 GIT_COMMIT?=$(shell git rev-parse HEAD)
diff --git a/README.md b/README.md
index c156d5f11b..1f1c777b9f 100644
--- a/README.md
+++ b/README.md
@@ -19,13 +19,14 @@ The [Amazon Elastic Block Store](https://aws.amazon.com/ebs/) Container Storage
 
 | Driver Version | [registry.k8s.io](https://kubernetes.io/blog/2022/11/28/registry-k8s-io-faster-cheaper-ga/) Image | [ECR Public](https://gallery.ecr.aws/ebs-csi-driver/aws-ebs-csi-driver) Image |
 |----------------|---------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------|
-| v1.23.1        | registry.k8s.io/provider-aws/aws-ebs-csi-driver:v1.23.1                                           | public.ecr.aws/ebs-csi-driver/aws-ebs-csi-driver:v1.23.1                      |
+| v1.23.2        | registry.k8s.io/provider-aws/aws-ebs-csi-driver:v1.23.2                                           | public.ecr.aws/ebs-csi-driver/aws-ebs-csi-driver:v1.23.2                      |
 
 <details>
 <summary>Previous Images</summary>
 
 | Driver Version | [registry.k8s.io](https://kubernetes.io/blog/2022/11/28/registry-k8s-io-faster-cheaper-ga/) Image | [ECR Public](https://gallery.ecr.aws/ebs-csi-driver/aws-ebs-csi-driver) Image |
 |----------------|---------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------|
+| v1.23.1        | registry.k8s.io/provider-aws/aws-ebs-csi-driver:v1.23.1                                           | public.ecr.aws/ebs-csi-driver/aws-ebs-csi-driver:v1.23.1                      |
 | v1.23.0        | registry.k8s.io/provider-aws/aws-ebs-csi-driver:v1.23.0                                           | public.ecr.aws/ebs-csi-driver/aws-ebs-csi-driver:v1.23.0                      |
 | v1.22.1        | registry.k8s.io/provider-aws/aws-ebs-csi-driver:v1.22.1                                           | public.ecr.aws/ebs-csi-driver/aws-ebs-csi-driver:v1.22.1                      |
 | v1.22.0        | registry.k8s.io/provider-aws/aws-ebs-csi-driver:v1.22.0                                           | public.ecr.aws/ebs-csi-driver/aws-ebs-csi-driver:v1.22.0                      |
diff --git a/charts/aws-ebs-csi-driver/CHANGELOG.md b/charts/aws-ebs-csi-driver/CHANGELOG.md
index 0453ed293e..2fd932e999 100644
--- a/charts/aws-ebs-csi-driver/CHANGELOG.md
+++ b/charts/aws-ebs-csi-driver/CHANGELOG.md
@@ -1,4 +1,7 @@
 # Helm chart
+## v2.23.2
+* Bump driver version to `v1.23.2`
+* Upgrade sidecar images
 
 ## v2.23.1
 * Bump driver version to `v1.23.1`
diff --git a/charts/aws-ebs-csi-driver/Chart.yaml b/charts/aws-ebs-csi-driver/Chart.yaml
index 2dc59f7760..cba29f2bb6 100644
--- a/charts/aws-ebs-csi-driver/Chart.yaml
+++ b/charts/aws-ebs-csi-driver/Chart.yaml
@@ -1,8 +1,8 @@
 apiVersion: v2
-appVersion: 1.23.1
+appVersion: 1.23.2
 name: aws-ebs-csi-driver
 description: A Helm chart for AWS EBS CSI Driver
-version: 2.23.1
+version: 2.23.2
 kubeVersion: ">=1.17.0-0"
 home: https://github.com/kubernetes-sigs/aws-ebs-csi-driver
 sources:
diff --git a/deploy/kubernetes/base/controller.yaml b/deploy/kubernetes/base/controller.yaml
index e52b911e43..b555366093 100644
--- a/deploy/kubernetes/base/controller.yaml
+++ b/deploy/kubernetes/base/controller.yaml
@@ -61,7 +61,7 @@ spec:
         runAsUser: 1000
       containers:
         - name: ebs-plugin
-          image: public.ecr.aws/ebs-csi-driver/aws-ebs-csi-driver:v1.23.1
+          image: public.ecr.aws/ebs-csi-driver/aws-ebs-csi-driver:v1.23.2
           imagePullPolicy: IfNotPresent
           args:
             # - {all,controller,node} # specify the driver mode
diff --git a/deploy/kubernetes/base/node.yaml b/deploy/kubernetes/base/node.yaml
index 84744120de..2383265a41 100644
--- a/deploy/kubernetes/base/node.yaml
+++ b/deploy/kubernetes/base/node.yaml
@@ -51,7 +51,7 @@ spec:
         runAsUser: 0
       containers:
         - name: ebs-plugin
-          image: public.ecr.aws/ebs-csi-driver/aws-ebs-csi-driver:v1.23.1
+          image: public.ecr.aws/ebs-csi-driver/aws-ebs-csi-driver:v1.23.2
           imagePullPolicy: IfNotPresent
           args:
             - node