diff --git a/CHANGELOG.md b/CHANGELOG.md
index 60cd027d..e17861ad 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,11 @@
 # Changelog
 
+## [1.12.1](https://github.com/getformwork/formwork/releases/tag/1.12.1) (2022-10-30)
+
+**Bug fixes**
+
+- **Fix path traversal vulnerability on backup download** (thanks to [@xanhacks](https://github.com/xanhacks) for the discovery, see [#380](https://github.com/getformwork/formwork/pull/380), [#381](https://github.com/getformwork/formwork/pull/381))
+
 ## [1.12.0](https://github.com/getformwork/formwork/releases/tag/1.12.0) (2022-02-11)
 
 **Bug fixes**
diff --git a/README.md b/README.md
index e22251fb..676d64a0 100644
--- a/README.md
+++ b/README.md
@@ -9,7 +9,7 @@
 
 Formwork is a flat file-based Content Management System (CMS) to make and manage simple sites.
 
-Latest version: [**1.12.0**](https://github.com/getformwork/formwork/releases/latest) | [**Changelog**](CHANGELOG.md)
+Latest version: [**1.12.1**](https://github.com/getformwork/formwork/releases/latest) | [**Changelog**](CHANGELOG.md)
 
 ## Features
 - ⚡️ Lightweight
diff --git a/formwork/Core/Formwork.php b/formwork/Core/Formwork.php
index 39f0cfb3..6e8aabe2 100644
--- a/formwork/Core/Formwork.php
+++ b/formwork/Core/Formwork.php
@@ -27,7 +27,7 @@ final class Formwork
      *
      * @var string
      */
-    public const VERSION = '1.12.0';
+    public const VERSION = '1.12.1';
 
     /**
      * Array containing options