diff --git a/bucket/terraform.json b/bucket/terraform.json
index 518c4105e1..ed7944059b 100644
--- a/bucket/terraform.json
+++ b/bucket/terraform.json
@@ -1,17 +1,17 @@
 {
-    "version": "1.2.0",
+    "version": "1.2.1",
     "description": "Create and manage infrastructure as code using simple declarative configuration files.",
     "homepage": "https://www.terraform.io",
     "license": "MPL-2.0",
     "architecture": {
         "64bit": {
-            "url": "https://releases.hashicorp.com/terraform/1.2.0/terraform_1.2.0_windows_amd64.zip",
-            "hash": "de88c66fbcdca0561d4e6d8d8090d697e97de9bbd97c212ceed21d942e33f937",
+            "url": "https://releases.hashicorp.com/terraform/1.2.1/terraform_1.2.1_windows_amd64.zip",
+            "hash": "dc7d9ddda5e17aacc2fe7b4dc66c9bbba2c06894f58f5f4d312bdf06adce254a",
             "pre_install": "ensure \"$env:APPDATA\\terraform.d\\plugins\\windows_amd64\" | Out-Null"
         },
         "32bit": {
-            "url": "https://releases.hashicorp.com/terraform/1.2.0/terraform_1.2.0_windows_386.zip",
-            "hash": "66d7d530d1b80d39feb9ae8a26f444fe91df63cf295b6f7cfcbdbc3c96a5beab",
+            "url": "https://releases.hashicorp.com/terraform/1.2.1/terraform_1.2.1_windows_386.zip",
+            "hash": "75f4cfffc0604a518ed984b809dbbddfa4bb48d25ff6b898706745c0b7d87552",
             "pre_install": "ensure \"$env:APPDATA\\terraform.d\\plugins\\windows_386\" | Out-Null"
         }
     },