diff --git a/CHANGELOG.md b/CHANGELOG.md
index 2a2bb0b08..3137ea1bb 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,23 @@
 
 All notable changes to this project are documented in this file.
 
+## 1.2.5
+
+**Release date:** 2024-04-04
+
+This patch release comes with improvements to the `HelmChart` name validation 
+and adds logging sanitization of connection error messages for `Bucket` sources.
+
+Fixes:
+- Improve chart name validation
+  [#1377](https://github.com/fluxcd/source-controller/pull/1377)
+- Sanitize URLs for bucket fetch error messages
+  [#1430](https://github.com/fluxcd/source-controller/pull/1430)
+
+Improvements:
+- Update controller-gen to v0.14.0
+  [#1399](https://github.com/fluxcd/source-controller/pull/1399)
+
 ## 1.2.4
 
 **Release date:** 2024-02-01
diff --git a/config/manager/kustomization.yaml b/config/manager/kustomization.yaml
index 845e19758..d5643884d 100644
--- a/config/manager/kustomization.yaml
+++ b/config/manager/kustomization.yaml
@@ -6,4 +6,4 @@ resources:
 images:
 - name: fluxcd/source-controller
   newName: fluxcd/source-controller
-  newTag: v1.2.4
+  newTag: v1.2.5
diff --git a/go.mod b/go.mod
index 70207262e..e7d4143d4 100644
--- a/go.mod
+++ b/go.mod
@@ -35,7 +35,7 @@ require (
 	github.com/fluxcd/pkg/tar v0.4.0
 	github.com/fluxcd/pkg/testserver v0.5.0
 	github.com/fluxcd/pkg/version v0.2.2
-	github.com/fluxcd/source-controller/api v1.2.4
+	github.com/fluxcd/source-controller/api v1.2.5
 	github.com/foxcpp/go-mockdns v1.0.0
 	github.com/go-git/go-billy/v5 v5.5.0
 	github.com/go-git/go-git/v5 v5.11.0