diff --git a/VERSION b/VERSION
index fdd3be6df5..266146b87c 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-1.6.2
+1.6.3
diff --git a/sec-scanners-config.yaml b/sec-scanners-config.yaml
index 4c5531e717..22ec96760c 100644
--- a/sec-scanners-config.yaml
+++ b/sec-scanners-config.yaml
@@ -1,6 +1,6 @@
 module-name: istio
 protecode:
-  - europe-docker.pkg.dev/kyma-project/prod/istio-manager:1.6.2
+  - europe-docker.pkg.dev/kyma-project/prod/istio-manager:1.6.3
   - europe-docker.pkg.dev/kyma-project/prod/external/istio/install-cni:1.21.2-distroless
   - europe-docker.pkg.dev/kyma-project/prod/external/istio/proxyv2:1.21.2-distroless
   - europe-docker.pkg.dev/kyma-project/prod/external/istio/pilot:1.21.2-distroless