diff --git a/class/defaults.yml b/class/defaults.yml
index 958ac5c..0356235 100644
--- a/class/defaults.yml
+++ b/class/defaults.yml
@@ -9,7 +9,7 @@ parameters:
       cloudscale_cloud_controller_manager:
         registry: quay.io
         repository: cloudscalech/cloudscale-cloud-controller-manager
-        tag: 1.1.2
+        tag: 1.2.0
 
     args: []
 
diff --git a/tests/golden/defaults/cloudscale-cloud-controller-manager/cloudscale-cloud-controller-manager/10_ccm_daemonset_kube_system_cloudscale_cloud_controller_manager.yaml b/tests/golden/defaults/cloudscale-cloud-controller-manager/cloudscale-cloud-controller-manager/10_ccm_daemonset_kube_system_cloudscale_cloud_controller_manager.yaml
index 8345b3b..d78c234 100644
--- a/tests/golden/defaults/cloudscale-cloud-controller-manager/cloudscale-cloud-controller-manager/10_ccm_daemonset_kube_system_cloudscale_cloud_controller_manager.yaml
+++ b/tests/golden/defaults/cloudscale-cloud-controller-manager/cloudscale-cloud-controller-manager/10_ccm_daemonset_kube_system_cloudscale_cloud_controller_manager.yaml
@@ -28,7 +28,7 @@ spec:
                 secretKeyRef:
                   key: access-token
                   name: cloudscale
-          image: quay.io/cloudscalech/cloudscale-cloud-controller-manager:1.1.2
+          image: quay.io/cloudscalech/cloudscale-cloud-controller-manager:1.2.0
           imagePullPolicy: IfNotPresent
           name: cloudscale-cloud-controller-manager
       hostNetwork: true
diff --git a/tests/golden/openshift4/cloudscale-cloud-controller-manager/cloudscale-cloud-controller-manager/10_ccm_daemonset_kube_system_cloudscale_cloud_controller_manager.yaml b/tests/golden/openshift4/cloudscale-cloud-controller-manager/cloudscale-cloud-controller-manager/10_ccm_daemonset_kube_system_cloudscale_cloud_controller_manager.yaml
index f7ded6b..346bdb5 100644
--- a/tests/golden/openshift4/cloudscale-cloud-controller-manager/cloudscale-cloud-controller-manager/10_ccm_daemonset_kube_system_cloudscale_cloud_controller_manager.yaml
+++ b/tests/golden/openshift4/cloudscale-cloud-controller-manager/cloudscale-cloud-controller-manager/10_ccm_daemonset_kube_system_cloudscale_cloud_controller_manager.yaml
@@ -28,7 +28,7 @@ spec:
                 secretKeyRef:
                   key: access-token
                   name: cloudscale
-          image: quay.io/cloudscalech/cloudscale-cloud-controller-manager:1.1.2
+          image: quay.io/cloudscalech/cloudscale-cloud-controller-manager:1.2.0
           imagePullPolicy: IfNotPresent
           name: cloudscale-cloud-controller-manager
       hostNetwork: true