diff --git a/go.mod b/go.mod
index bf4ba469c..ecd14f9bf 100644
--- a/go.mod
+++ b/go.mod
@@ -3,7 +3,7 @@ module sigs.k8s.io/cluster-api-provider-gcp
 go 1.19
 
 require (
-	cloud.google.com/go/compute v1.20.0
+	cloud.google.com/go/compute v1.20.1
 	cloud.google.com/go/container v1.22.1
 	cloud.google.com/go/iam v1.1.1
 	github.com/GoogleCloudPlatform/k8s-cloud-provider v1.24.0
diff --git a/go.sum b/go.sum
index f3a790d85..2302bbbb3 100644
--- a/go.sum
+++ b/go.sum
@@ -24,8 +24,8 @@ cloud.google.com/go/bigquery v1.4.0/go.mod h1:S8dzgnTigyfTmLBfrtrhyYhwRxG72rYxvf
 cloud.google.com/go/bigquery v1.5.0/go.mod h1:snEHRnqQbz117VIFhE8bmtwIDY80NLUZUMb4Nv6dBIg=
 cloud.google.com/go/bigquery v1.7.0/go.mod h1://okPTzCYNXSlb24MZs83e2Do+h+VXtc4gLoIoXIAPc=
 cloud.google.com/go/bigquery v1.8.0/go.mod h1:J5hqkt3O0uAFnINi6JXValWIb1v0goeZM77hZzJN/fQ=
-cloud.google.com/go/compute v1.20.0 h1:cUOcywWuowO9It2i1KX1lIb0HH7gLv6nENKuZGnlcSo=
-cloud.google.com/go/compute v1.20.0/go.mod h1:kn5BhC++qUWR/AM3Dn21myV7QbgqejW04cAOrtppaQI=
+cloud.google.com/go/compute v1.20.1 h1:6aKEtlUiwEpJzM001l0yFkpXmUVXaN8W+fbkb2AZNbg=
+cloud.google.com/go/compute v1.20.1/go.mod h1:4tCnrn48xsqlwSAiLf1HXMQk8CONslYbdiEZc9FEIbM=
 cloud.google.com/go/compute/metadata v0.2.3 h1:mg4jlk7mCAj6xXp9UJ4fjI9VUI5rubuGBW5aJ7UnBMY=
 cloud.google.com/go/compute/metadata v0.2.3/go.mod h1:VAV5nSsACxMJvgaAuX6Pk2AawlZn8kiOGuCv6gTkwuA=
 cloud.google.com/go/container v1.22.1 h1:WKBegIfJJc+CL2PIgNpQuvLgGW/CoGJjge5Yjpc0YuU=