diff --git a/CHANGELOG.md b/CHANGELOG.md
index 56c4cdfbed7f..745c3f85f27f 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,14 @@
 <!--
 	Add placeholder for next release with `wip` snippet
 -->
+## 12.3.2 (2023-11-29)
+### Config file changes
+* Correct firmware version condition for Zooz ZSE40 v3.0 (#6519)
+
+### Changes under the hood
+* Add mocks for `Multilevel Sensor CC`
+* Upgrade transitive dependency `axios` to a non-vulnerable version (#6520)
+
 ## 12.3.1 (2023-11-20)
 ### Bugfixes
 * Fixed an issue where the unresponsive controller recovery could put "immediate" commands to a sleeping node on the wrong queue, blocking all outgoing communication (#6507)
diff --git a/package.json b/package.json
index eb0e033579c8..2f20dd6e9cd3 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@zwave-js/repo",
-  "version": "12.3.1",
+  "version": "12.3.2",
   "private": true,
   "description": "Z-Wave driver written entirely in JavaScript/TypeScript",
   "keywords": [],
diff --git a/packages/cc/package.json b/packages/cc/package.json
index 16ffd621333c..2190d69d0fef 100644
--- a/packages/cc/package.json
+++ b/packages/cc/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@zwave-js/cc",
-  "version": "12.3.1",
+  "version": "12.3.2",
   "description": "zwave-js: Command Classes",
   "keywords": [],
   "publishConfig": {
diff --git a/packages/config/package.json b/packages/config/package.json
index e82143820225..4c89cfe690d6 100644
--- a/packages/config/package.json
+++ b/packages/config/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@zwave-js/config",
-  "version": "12.3.1",
+  "version": "12.3.2",
   "description": "zwave-js: configuration files",
   "publishConfig": {
     "access": "public"
diff --git a/packages/flash/package.json b/packages/flash/package.json
index c730e796eaa1..9a8645c21b93 100644
--- a/packages/flash/package.json
+++ b/packages/flash/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@zwave-js/flash",
-  "version": "12.3.1",
+  "version": "12.3.2",
   "description": "zwave-js: firmware flash utility",
   "keywords": [],
   "publishConfig": {
diff --git a/packages/host/package.json b/packages/host/package.json
index 923777379aaa..d3174ed9ee93 100644
--- a/packages/host/package.json
+++ b/packages/host/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@zwave-js/host",
-  "version": "12.3.1",
+  "version": "12.3.2",
   "description": "zwave-js: Host abstractions",
   "keywords": [],
   "publishConfig": {
diff --git a/packages/serial/package.json b/packages/serial/package.json
index 39f7ef65feef..685923660f21 100644
--- a/packages/serial/package.json
+++ b/packages/serial/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@zwave-js/serial",
-  "version": "12.3.1",
+  "version": "12.3.2",
   "description": "zwave-js: Serialport driver",
   "publishConfig": {
     "access": "public"
diff --git a/packages/testing/package.json b/packages/testing/package.json
index 609a06c58aa6..7ebd9047c236 100644
--- a/packages/testing/package.json
+++ b/packages/testing/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@zwave-js/testing",
-  "version": "12.3.1",
+  "version": "12.3.2",
   "description": "zwave-js: testing utilities",
   "keywords": [],
   "publishConfig": {
diff --git a/packages/zwave-js/package.json b/packages/zwave-js/package.json
index 06d506f97d48..eb97a4ba5646 100644
--- a/packages/zwave-js/package.json
+++ b/packages/zwave-js/package.json
@@ -1,6 +1,6 @@
 {
   "name": "zwave-js",
-  "version": "12.3.1",
+  "version": "12.3.2",
   "description": "Z-Wave driver written entirely in JavaScript/TypeScript",
   "keywords": [],
   "main": "build/index.js",