diff --git a/charts/camunda-platform-latest/README.md b/charts/camunda-platform-latest/README.md
index e35536c778..8a932ddd54 100644
--- a/charts/camunda-platform-latest/README.md
+++ b/charts/camunda-platform-latest/README.md
@@ -863,7 +863,7 @@ Please see the corresponding [release guide](../../docs/release.md) to find out
 | `operate.image`                                             | configuration to configure the Operate image specifics                                                                                                                       |                              |
 | `operate.image.registry`                                    | can be used to set container image registry.                                                                                                                                 | `""`                         |
 | `operate.image.repository`                                  | defines which image repository to use                                                                                                                                        | `camunda/operate`            |
-| `operate.image.tag`                                         | can be set to overwrite the global tag, which should be used in that chart                                                                                                   | `8.5.3`                      |
+| `operate.image.tag`                                         | can be set to overwrite the global tag, which should be used in that chart                                                                                                   | `8.5.4`                      |
 | `operate.image.pullSecrets`                                 | can be used to configure image pull secrets https://kubernetes.io/docs/concepts/containers/images/#specifying-imagepullsecrets-on-a-pod                                      | `[]`                         |
 | `operate.sidecars`                                          | can be used to attach extra containers to the operate deployment                                                                                                             | `[]`                         |
 | `operate.initContainers`                                    | can be used to set up extra init containers for the application Pod                                                                                                          | `[]`                         |
diff --git a/charts/camunda-platform-latest/test/unit/operate/golden/deployment.golden.yaml b/charts/camunda-platform-latest/test/unit/operate/golden/deployment.golden.yaml
index bef83b8ede..72069d7a46 100644
--- a/charts/camunda-platform-latest/test/unit/operate/golden/deployment.golden.yaml
+++ b/charts/camunda-platform-latest/test/unit/operate/golden/deployment.golden.yaml
@@ -42,7 +42,7 @@ spec:
         []
       containers:
         - name: operate
-          image: camunda/operate:8.5.3
+          image: camunda/operate:8.5.4
           imagePullPolicy: IfNotPresent
           securityContext:
             allowPrivilegeEscalation: false
diff --git a/charts/camunda-platform-latest/values-latest.yaml b/charts/camunda-platform-latest/values-latest.yaml
index 8174a104e5..cbb9f761cd 100644
--- a/charts/camunda-platform-latest/values-latest.yaml
+++ b/charts/camunda-platform-latest/values-latest.yaml
@@ -26,7 +26,7 @@ operate:
   # https://hub.docker.com/r/camunda/operate/tags
   image:
     # renovate: datasource=docker depName=camunda/operate
-    tag: 8.5.3
+    tag: 8.5.4
 
 optimize:
   # https://hub.docker.com/r/camunda/optimize/tags
diff --git a/charts/camunda-platform-latest/values.yaml b/charts/camunda-platform-latest/values.yaml
index 43a180e554..27588ab287 100644
--- a/charts/camunda-platform-latest/values.yaml
+++ b/charts/camunda-platform-latest/values.yaml
@@ -1191,7 +1191,7 @@ operate:
     ## @param operate.image.repository defines which image repository to use
     repository: camunda/operate
     ## @param operate.image.tag can be set to overwrite the global tag, which should be used in that chart
-    tag: 8.5.3
+    tag: 8.5.4
     ## @param operate.image.pullSecrets can be used to configure image pull secrets https://kubernetes.io/docs/concepts/containers/images/#specifying-imagepullsecrets-on-a-pod
     pullSecrets: []