diff --git a/UPSTREAM_PROJECTS.yaml b/UPSTREAM_PROJECTS.yaml
index 8bc0e99690..b8be67d435 100644
--- a/UPSTREAM_PROJECTS.yaml
+++ b/UPSTREAM_PROJECTS.yaml
@@ -63,7 +63,7 @@ projects:
     repos:
       - name: cilium
         versions:
-          - tag: v1.18.7-0
+          - tag: v1.18.8-1
             go_version: N/A
   - org: containerd
     repos:
diff --git a/projects/cilium/cilium/GIT_TAG b/projects/cilium/cilium/GIT_TAG
index 5adc5ef727..e26efd5572 100644
--- a/projects/cilium/cilium/GIT_TAG
+++ b/projects/cilium/cilium/GIT_TAG
@@ -1 +1 @@
-v1.18.7-0
+v1.18.8-1
diff --git a/projects/cilium/cilium/README.md b/projects/cilium/cilium/README.md
index c3dc81a1c7..c8bdc7a7f0 100644
--- a/projects/cilium/cilium/README.md
+++ b/projects/cilium/cilium/README.md
@@ -1,5 +1,5 @@
 ## **Cilium**
-![Version](https://img.shields.io/badge/version-v1.18.7--0-blue)
+![Version](https://img.shields.io/badge/version-v1.18.8--1-blue)
 ![Build Status](https://codebuild.us-west-2.amazonaws.com/badges?uuid=eyJlbmNyeXB0ZWREYXRhIjoiYTh2UnBFVGhjQ1EyeENsWU91ZlJzMktyZHRINlpFWlc0RkZ5amU3Yy96b3p2Z2dxNThZZVQ5ZjRPTEZndGVNQVMwNkMvVmZZR000bGJXWDFqWDFnUlZVPSIsIml2UGFyYW1ldGVyU3BlYyI6ImZRZ2JzZmhRcWZtNFNHZTciLCJtYXRlcmlhbFNldFNlcmlhbCI6MX0%3D&branch=main)
 
 [Cilium](https://github.com/cilium/cilium) is an open-source software for providing and transparently securing network connectivity and load-balancing between application workloads such as application containers or processes. Cilium operates at Layer 3/4 to provide traditional networking and security services as well as at Layer 7 to protect and secure use of modern application protocols such as HTTP, gRPC and Kafka. Cilium is integrated into common orchestration frameworks such as Kubernetes. A new Linux kernel technology called [eBPF](https://ebpf.io) is at the foundation of Cilium. It supports dynamic insertion of eBPF bytecode into the Linux kernel at various integration points such as network I/O, application sockets and tracepoints to implement security, networking and visibility logic.
diff --git a/projects/cilium/cilium/images/cilium-chart/IMAGE_DIGEST b/projects/cilium/cilium/images/cilium-chart/IMAGE_DIGEST
index 90a935baed..14ceb6554f 100644
--- a/projects/cilium/cilium/images/cilium-chart/IMAGE_DIGEST
+++ b/projects/cilium/cilium/images/cilium-chart/IMAGE_DIGEST
@@ -1 +1 @@
-sha256:fc55f7da6038da70807ed7795d97e4c92537b1eb9c5fc65dbee258188580e5af
\ No newline at end of file
+sha256:5c180676a4539c82af7145d98871af1e1601fa94d6045f727445a76e159e80da
\ No newline at end of file
diff --git a/projects/cilium/cilium/images/cilium/IMAGE_DIGEST b/projects/cilium/cilium/images/cilium/IMAGE_DIGEST
index 9dc34c1507..92accb0ff5 100644
--- a/projects/cilium/cilium/images/cilium/IMAGE_DIGEST
+++ b/projects/cilium/cilium/images/cilium/IMAGE_DIGEST
@@ -1 +1 @@
-sha256:654c827840a2c3faac2bfb238ce0525978451d3cc0cea26b0d613514c4fc9503
\ No newline at end of file
+sha256:f0fabf8ba729a11ae019426ad0625a69aadf6b8d3f925a362408121f1367e274
\ No newline at end of file
diff --git a/projects/cilium/cilium/images/operator-generic/IMAGE_DIGEST b/projects/cilium/cilium/images/operator-generic/IMAGE_DIGEST
index c0b8031b29..e6a1e331f5 100644
--- a/projects/cilium/cilium/images/operator-generic/IMAGE_DIGEST
+++ b/projects/cilium/cilium/images/operator-generic/IMAGE_DIGEST
@@ -1 +1 @@
-sha256:ce2be114f1eab626ae2edfe40f7d862d2ded8ff4e37888e8673b1c9c5f06aea5
\ No newline at end of file
+sha256:24a19abd3977e0f9e356e9a691c0e355ce75a0aec25c2a4463391491803a8441
\ No newline at end of file