diff --git a/hack/dockerfile/install/containerd.installer b/hack/dockerfile/install/containerd.installer
index 0b5f8fe4a5..b2367aaf42 100755
--- a/hack/dockerfile/install/containerd.installer
+++ b/hack/dockerfile/install/containerd.installer
@@ -4,7 +4,7 @@
 # containerd is also pinned in vendor.conf. When updating the binary
 # version you may also need to update the vendor version to pick up bug
 # fixes or new APIs.
-: ${CONTAINERD_COMMIT:=36cf5b690dcc00ff0f34ff7799209050c3d0c59a} # v1.3.0
+: ${CONTAINERD_COMMIT:=c7a4f874b3267c499484aae602d1257b12d69e40} # v1.3.1
 
 install_containerd() {
 	echo "Install containerd version $CONTAINERD_COMMIT"