diff --git a/airbyte-config/init/src/main/resources/seed/source_definitions.yaml b/airbyte-config/init/src/main/resources/seed/source_definitions.yaml
index 14546013e66e..694abbda8bb5 100644
--- a/airbyte-config/init/src/main/resources/seed/source_definitions.yaml
+++ b/airbyte-config/init/src/main/resources/seed/source_definitions.yaml
@@ -112,7 +112,7 @@
 - name: Bing Ads
   sourceDefinitionId: 47f25999-dd5e-4636-8c39-e7cea2453331
   dockerRepository: airbyte/source-bing-ads
-  dockerImageTag: 0.1.11
+  dockerImageTag: 0.1.12
   documentationUrl: https://docs.airbyte.io/integrations/sources/bing-ads
   icon: bingads.svg
   sourceType: api
diff --git a/airbyte-config/init/src/main/resources/seed/source_specs.yaml b/airbyte-config/init/src/main/resources/seed/source_specs.yaml
index 9ed58b181082..f90e1338d01d 100644
--- a/airbyte-config/init/src/main/resources/seed/source_specs.yaml
+++ b/airbyte-config/init/src/main/resources/seed/source_specs.yaml
@@ -900,7 +900,7 @@
     - "overwrite"
     - "append"
     - "append_dedup"
-- dockerImage: "airbyte/source-bing-ads:0.1.11"
+- dockerImage: "airbyte/source-bing-ads:0.1.12"
   spec:
     documentationUrl: "https://docs.airbyte.io/integrations/sources/bing-ads"
     connectionSpecification:
diff --git a/airbyte-integrations/connectors/source-bing-ads/Dockerfile b/airbyte-integrations/connectors/source-bing-ads/Dockerfile
index 269fa40236d0..6e35e1ee0056 100644
--- a/airbyte-integrations/connectors/source-bing-ads/Dockerfile
+++ b/airbyte-integrations/connectors/source-bing-ads/Dockerfile
@@ -12,5 +12,5 @@ RUN pip install .
 ENV AIRBYTE_ENTRYPOINT "python /airbyte/integration_code/main.py"
 ENTRYPOINT ["python", "/airbyte/integration_code/main.py"]
 
-LABEL io.airbyte.version=0.1.11
+LABEL io.airbyte.version=0.1.12
 LABEL io.airbyte.name=airbyte/source-bing-ads
diff --git a/airbyte-integrations/connectors/source-bing-ads/source_bing_ads/client.py b/airbyte-integrations/connectors/source-bing-ads/source_bing_ads/client.py
index e1b13afec54c..b6d06ca1a1db 100644
--- a/airbyte-integrations/connectors/source-bing-ads/source_bing_ads/client.py
+++ b/airbyte-integrations/connectors/source-bing-ads/source_bing_ads/client.py
@@ -2,10 +2,12 @@
 # Copyright (c) 2022 Airbyte, Inc., all rights reserved.
 #
 
+import socket
 import sys
 from datetime import datetime, timedelta, timezone
 from functools import lru_cache
 from typing import Any, Iterator, Mapping, Optional
+from urllib.error import URLError
 
 import backoff
 import pendulum
@@ -94,6 +96,9 @@ def is_token_expiring(self) -> bool:
         return False if token_updated_expires_in > self.refresh_token_safe_delta else True
 
     def should_retry(self, error: WebFault) -> bool:
+        if isinstance(error, URLError) and isinstance(error.reason, socket.timeout):
+            return False
+
         error_code = str(errorcode_of_exception(error))
         give_up = error_code not in self.retry_on_codes
         if give_up:
@@ -112,7 +117,7 @@ def log_retry_attempt(self, details: Mapping[str, Any]) -> None:
     def request(self, **kwargs: Mapping[str, Any]) -> Mapping[str, Any]:
         return backoff.on_exception(
             backoff.expo,
-            WebFault,
+            (WebFault, URLError),
             max_tries=self.max_retries,
             factor=self.retry_factor,
             jitter=None,
diff --git a/docs/integrations/sources/bing-ads.md b/docs/integrations/sources/bing-ads.md
index dfcd8c831557..302937e3d9b1 100644
--- a/docs/integrations/sources/bing-ads.md
+++ b/docs/integrations/sources/bing-ads.md
@@ -105,7 +105,8 @@ API limits number of requests for all Microsoft Advertising clients. You can fin
 
 | Version | Date       | Pull Request                                             | Subject                                                                                                                    |
 | :------ | :--------- | :------------------------------------------------------- | :------------------------------------------------------------------------------------------------------------------------- |
-| 0.1.11  | 2022-08-25 | [15684](https://github.com/airbytehq/airbyte/pull/15684) (published in [15987](https://github.com/airbytehq/airbyte/pull/15987))| Fixed log messages being unreadable                                                                                        |
+| 0.1.12  | 2022-09-05 | [16335](https://github.com/airbytehq/airbyte/pull/16335) | Added backoff for socket.timeout                                                                                           |
+| 0.1.11  | 2022-08-25 | [15684](https://github.com/airbytehq/airbyte/pull/15684) (published in [15987](https://github.com/airbytehq/airbyte/pull/15987))| Fixed log messages being unreadable                 |
 | 0.1.10  | 2022-08-12 | [15602](https://github.com/airbytehq/airbyte/pull/15602) | Fixed bug caused Hourly Reports to crash due to invalid fields set                                                         |
 | 0.1.9   | 2022-08-02 | [14862](https://github.com/airbytehq/airbyte/pull/14862) | Added missing columns                                                                                                      |
 | 0.1.8   | 2022-06-15 | [13801](https://github.com/airbytehq/airbyte/pull/13801) | All reports `hourly/daily/weekly/monthly` will be generated by default, these options are removed from input configuration |