diff --git a/internal/config/image_enterprise.go b/internal/config/image_enterprise.go
index 1e22c1d69..ae2dbca8f 100644
--- a/internal/config/image_enterprise.go
+++ b/internal/config/image_enterprise.go
@@ -10,5 +10,5 @@ package config
 
 const (
 	// defaultImage is the default image to use.
-	defaultImage = "v2.16.2"
+	defaultImage = "v2.16.3"
 )
diff --git a/s3proxy/deploy/s3proxy/Chart.yaml b/s3proxy/deploy/s3proxy/Chart.yaml
index 3bca06c2a..f0e1f34bd 100644
--- a/s3proxy/deploy/s3proxy/Chart.yaml
+++ b/s3proxy/deploy/s3proxy/Chart.yaml
@@ -2,4 +2,4 @@ apiVersion: v2
 name: s3proxy
 description: Helm chart to deploy s3proxy.
 type: application
-version: 2.16.2
+version: 2.16.3