diff --git a/charts/falco/CHANGELOG.md b/charts/falco/CHANGELOG.md
index 929d0c8a8..1a405ec47 100644
--- a/charts/falco/CHANGELOG.md
+++ b/charts/falco/CHANGELOG.md
@@ -3,6 +3,10 @@
 This file documents all notable changes to Falco Helm Chart. The release
 numbering uses [semantic versioning](http://semver.org).
 
+## v4.2.0
+
+* Bump falco to v0.37.1 and falcoctl to v0.7.2
+
 ## v4.1.2
 * Fix links in output after falco install without sidekick
 
diff --git a/charts/falco/Chart.yaml b/charts/falco/Chart.yaml
index 6a6c82dc2..75dd03b9f 100644
--- a/charts/falco/Chart.yaml
+++ b/charts/falco/Chart.yaml
@@ -1,7 +1,7 @@
 apiVersion: v2
 name: falco
-version: 4.1.2
-appVersion: "0.37.0"
+version: 4.2.0
+appVersion: "0.37.1"
 description: Falco
 keywords:
   - monitoring
diff --git a/charts/falco/README.md b/charts/falco/README.md
index 6678cf770..1408feed0 100644
--- a/charts/falco/README.md
+++ b/charts/falco/README.md
@@ -563,7 +563,7 @@ If you use a Proxy in your cluster, the requests between `Falco` and `Falcosidek
 
 ## Configuration
 
-The following table lists the main configurable parameters of the falco chart v4.1.2 and their default values. See `values.yaml` for full list.
+The following table lists the main configurable parameters of the falco chart v4.2.0 and their default values. See `values.yaml` for full list.
 
 ## Values
 
diff --git a/charts/falco/values.yaml b/charts/falco/values.yaml
index 3c0562323..e75619cd0 100644
--- a/charts/falco/values.yaml
+++ b/charts/falco/values.yaml
@@ -372,7 +372,7 @@ falcoctl:
     # -- The image repository to pull from.
     repository: falcosecurity/falcoctl
     # -- The image tag to pull.
-    tag: "0.7.1"
+    tag: "0.7.2"
   artifact:
     # -- Runs "falcoctl artifact install" command as an init container. It is used to install artfacts before
     # Falco starts. It provides them to Falco by using an emptyDir volume.