diff --git a/charts/country-risk/Chart.yaml b/charts/country-risk/Chart.yaml
index 2cb364b9..6a058a37 100644
--- a/charts/country-risk/Chart.yaml
+++ b/charts/country-risk/Chart.yaml
@@ -20,7 +20,7 @@
 apiVersion: v2
 name: country-risk
 type: application
-version: 3.0.6
+version: 3.0.7
 appVersion: "1.2.1"
 description: A Helm chart for deploying the Country Risk service
 home: https://github.com/eclipse-tractusx/vas-country-risk-frontend
@@ -29,7 +29,7 @@ sources:
   - https://github.com/eclipse-tractusx/vas-country-risk-backend
 dependencies:
 - name: postgresql
-  version: 11.*.*
+  version: 12.*.*
   repository: https://charts.bitnami.com/bitnami
   alias: postgres
   condition: postgres.enabled
@@ -38,6 +38,6 @@ dependencies:
   repository: https://helm.runix.net
   version: 1.x.x
 - name: country-risk-backend
-  version: 3.0.4
+  version: 3.0.5
 - name: country-risk-frontend
   version: 3.0.4
diff --git a/charts/country-risk/charts/country-risk-backend/Chart.yaml b/charts/country-risk/charts/country-risk-backend/Chart.yaml
index 964e7e54..91635b2f 100644
--- a/charts/country-risk/charts/country-risk-backend/Chart.yaml
+++ b/charts/country-risk/charts/country-risk-backend/Chart.yaml
@@ -36,7 +36,7 @@ type: application
 # This is the chart version. This version number should be incremented each time you make changes
 # to the chart and its templates, including the app version.
 # Versions are expected to follow Semantic Versioning (https://semver.org/)
-version: 3.0.4
+version: 3.0.5
 
 # This is the version number of the application being deployed. This version number should be
 # incremented each time you make changes to the application. Versions are not expected to
@@ -46,7 +46,7 @@ appVersion: "1.2.3"
 
 dependencies:
   - name: postgresql
-    version: 11.*.*
+    version: 12.*.*
     repository: https://charts.bitnami.com/bitnami
     alias: postgres
     condition: postgres.enabled