diff --git a/build/debian-base/Makefile b/build/debian-base/Makefile
index 54e3eb0f25e..bce20b2e3fc 100755
--- a/build/debian-base/Makefile
+++ b/build/debian-base/Makefile
@@ -18,7 +18,7 @@ REGISTRY ?= staging-k8s.gcr.io
 IMAGE ?= $(REGISTRY)/debian-base
 BUILD_IMAGE ?= debian-build
 
-TAG ?= v2.0.0
+TAG ?= v2.0.1
 
 TAR_FILE ?= rootfs.tar
 ARCH?=amd64
diff --git a/build/debian-iptables/Makefile b/build/debian-iptables/Makefile
index ff1d0bd724d..db4a7e51b14 100644
--- a/build/debian-iptables/Makefile
+++ b/build/debian-iptables/Makefile
@@ -16,12 +16,12 @@
 
 REGISTRY?="staging-k8s.gcr.io"
 IMAGE=$(REGISTRY)/debian-iptables
-TAG?=v12.0.1
+TAG?=v12.0.2
 ARCH?=amd64
 ALL_ARCH = amd64 arm arm64 ppc64le s390x
 TEMP_DIR:=$(shell mktemp -d)
 
-BASEIMAGE?=k8s.gcr.io/debian-base-$(ARCH):v2.0.0
+BASEIMAGE?=k8s.gcr.io/debian-base-$(ARCH):v2.0.1
 
 # This option is for running docker manifest command
 export DOCKER_CLI_EXPERIMENTAL := enabled