diff --git a/changelogs/unreleased/5344-kaovilai b/changelogs/unreleased/5344-kaovilai
new file mode 100644
index 000000000..574844a8a
--- /dev/null
+++ b/changelogs/unreleased/5344-kaovilai
@@ -0,0 +1 @@
+Resolve gopkg.in/yaml.v3 vulnerabilities by upgrading gopkg.in/yaml.v3 to v3.0.1
\ No newline at end of file
diff --git a/go.mod b/go.mod
index 03733cfe5..8d6b27043 100644
--- a/go.mod
+++ b/go.mod
@@ -138,7 +138,7 @@ require (
 	gopkg.in/ini.v1 v1.66.2 // indirect
 	gopkg.in/tomb.v1 v1.0.0-20141024135613-dd632973f1e7 // indirect
 	gopkg.in/yaml.v2 v2.4.0 // indirect
-	gopkg.in/yaml.v3 v3.0.0-20210107192922-496545a6307b // indirect
+	gopkg.in/yaml.v3 v3.0.1 // indirect
 	k8s.io/component-base v0.22.2 // indirect
 	k8s.io/klog/v2 v2.9.0 // indirect
 	k8s.io/kube-openapi v0.0.0-20210421082810-95288971da7e // indirect
diff --git a/go.sum b/go.sum
index 75a473f1c..d40fe374c 100644
--- a/go.sum
+++ b/go.sum
@@ -1472,8 +1472,9 @@ gopkg.in/yaml.v2 v2.4.0/go.mod h1:RDklbk79AGWmwhnvt/jBztapEOGDOx6ZbXqjP6csGnQ=
 gopkg.in/yaml.v3 v3.0.0-20200313102051-9f266ea9e77c/go.mod h1:K4uyk7z7BCEPqu6E+C64Yfv1cQ7kz7rIZviUmN+EgEM=
 gopkg.in/yaml.v3 v3.0.0-20200605160147-a5ece683394c/go.mod h1:K4uyk7z7BCEPqu6E+C64Yfv1cQ7kz7rIZviUmN+EgEM=
 gopkg.in/yaml.v3 v3.0.0-20200615113413-eeeca48fe776/go.mod h1:K4uyk7z7BCEPqu6E+C64Yfv1cQ7kz7rIZviUmN+EgEM=
-gopkg.in/yaml.v3 v3.0.0-20210107192922-496545a6307b h1:h8qDotaEPuJATrMmW04NCwg7v22aHH28wwpauUhK9Oo=
 gopkg.in/yaml.v3 v3.0.0-20210107192922-496545a6307b/go.mod h1:K4uyk7z7BCEPqu6E+C64Yfv1cQ7kz7rIZviUmN+EgEM=
+gopkg.in/yaml.v3 v3.0.1 h1:fxVm/GzAzEWqLHuvctI91KS9hhNmmWOoWu0XTYJS7CA=
+gopkg.in/yaml.v3 v3.0.1/go.mod h1:K4uyk7z7BCEPqu6E+C64Yfv1cQ7kz7rIZviUmN+EgEM=
 gotest.tools v2.2.0+incompatible/go.mod h1:DsYFclhRJ6vuDpmuTbkuFWG+y2sxOXAzmJt81HFBacw=
 gotest.tools/v3 v3.0.2/go.mod h1:3SzNCllyD9/Y+b5r9JIKQ474KzkZyqLqEfYqMsX94Bk=
 gotest.tools/v3 v3.0.3/go.mod h1:Z7Lb0S5l+klDB31fvDQX8ss/FlKDxtlFlw3Oa8Ymbl8=