diff --git a/Makefile b/Makefile
index c43f3c00e..018907e7e 100644
--- a/Makefile
+++ b/Makefile
@@ -17,7 +17,7 @@ COSIGN := $(TOOLSDIR)/bin/cosign
 COSIGN_VERSION := 2.2.0
 HELM := $(TOOLSDIR)/bin/helm
 ORAS := $(TOOLSDIR)/bin/oras
-ORAS_VERSION := 1.0.0-rc.1
+ORAS_VERSION := 1.2.1
 REGCLIENT := $(TOOLSDIR)/bin/regctl
 REGCLIENT_VERSION := v0.5.7
 CRICTL := $(TOOLSDIR)/bin/crictl