diff --git a/README.md b/README.md
index e9306a19d..7e333bbb2 100644
--- a/README.md
+++ b/README.md
@@ -76,7 +76,7 @@ exact versions are defined under `KUBERNETES_VERSIONS` in
 ### Helm versions
 
 While we are checking backward compatibility, the charts are only tested with
-Helm version mentioned in [helm-tester Dockerfile][] (currently 2.16.10).
+Helm version mentioned in [helm-tester Dockerfile][] (currently 2.16.12).
 
 #### Helm 3 beta
 
diff --git a/helpers/helm-tester/Dockerfile b/helpers/helm-tester/Dockerfile
index d6652537f..08706c4eb 100644
--- a/helpers/helm-tester/Dockerfile
+++ b/helpers/helm-tester/Dockerfile
@@ -1,6 +1,6 @@
 FROM python:3.7
 
-ENV HELM_VERSION=2.16.10
+ENV HELM_VERSION=2.16.12
 
 RUN wget --no-verbose https://storage.googleapis.com/kubernetes-helm/helm-v${HELM_VERSION}-linux-amd64.tar.gz && \
     tar xfv helm-v${HELM_VERSION}-linux-amd64.tar.gz && \
diff --git a/helpers/terraform/Dockerfile b/helpers/terraform/Dockerfile
index a432de495..c8e07a69e 100644
--- a/helpers/terraform/Dockerfile
+++ b/helpers/terraform/Dockerfile
@@ -3,7 +3,7 @@ FROM centos:7
 ENV VAULT_VERSION 0.9.3
 ENV TERRAFORM_VERSION=0.11.7
 ENV KUBECTL_VERSION=1.16.10
-ENV HELM_VERSION=2.16.10
+ENV HELM_VERSION=2.16.12
 ENV DOCKER_VERSION=18.09.7
 ENV JQ_VERSION=1.6