diff --git a/parts/common/components.json b/parts/common/components.json
index 8b8e15d13c7..67efbe16f31 100644
--- a/parts/common/components.json
+++ b/parts/common/components.json
@@ -1137,7 +1137,7 @@
             "versionsV2": [
               {
                 "renovateTag": "name=moby-containerd, repository=production, os=ubuntu, release=20.04",
-                "latestVersion": "1.7.30-ubuntu20.04u4"
+                "latestVersion": "1.7.31-ubuntu20.04u1"
               }
             ]
           }