diff --git a/s3-config-validator/src/go.mod b/s3-config-validator/src/go.mod
index 7ef5a5cd7..bfcf40049 100644
--- a/s3-config-validator/src/go.mod
+++ b/s3-config-validator/src/go.mod
@@ -6,7 +6,7 @@ toolchain go1.21.0
 
 require (
 	github.com/aws/aws-sdk-go-v2 v1.24.1
-	github.com/aws/aws-sdk-go-v2/credentials v1.16.15
+	github.com/aws/aws-sdk-go-v2/credentials v1.16.16
 	github.com/aws/aws-sdk-go-v2/service/s3 v1.48.0
 	github.com/aws/aws-sdk-go-v2/service/sts v1.26.7
 	github.com/maxbrunsfeld/counterfeiter/v6 v6.8.1
diff --git a/s3-config-validator/src/go.sum b/s3-config-validator/src/go.sum
index 1042effb7..9247d5a04 100644
--- a/s3-config-validator/src/go.sum
+++ b/s3-config-validator/src/go.sum
@@ -2,8 +2,8 @@ github.com/aws/aws-sdk-go-v2 v1.24.1 h1:xAojnj+ktS95YZlDf0zxWBkbFtymPeDP+rvUQIH3
 github.com/aws/aws-sdk-go-v2 v1.24.1/go.mod h1:LNh45Br1YAkEKaAqvmE1m8FUx6a5b/V0oAKV7of29b4=
 github.com/aws/aws-sdk-go-v2/aws/protocol/eventstream v1.5.4 h1:OCs21ST2LrepDfD3lwlQiOqIGp6JiEUqG84GzTDoyJs=
 github.com/aws/aws-sdk-go-v2/aws/protocol/eventstream v1.5.4/go.mod h1:usURWEKSNNAcAZuzRn/9ZYPT8aZQkR7xcCtunK/LkJo=
-github.com/aws/aws-sdk-go-v2/credentials v1.16.15 h1:P0/m1LU08MF2kRzx4P//+7lNjiJod1z4xI2WpWhdpTQ=
-github.com/aws/aws-sdk-go-v2/credentials v1.16.15/go.mod h1:pgtMCf7Dx4GWw5EpHOTc2Sy17LIP0A0N2C9nQ83pQ/0=
+github.com/aws/aws-sdk-go-v2/credentials v1.16.16 h1:8q6Rliyv0aUFAVtzaldUEcS+T5gbadPbWdV1WcAddK8=
+github.com/aws/aws-sdk-go-v2/credentials v1.16.16/go.mod h1:UHVZrdUsv63hPXFo1H7c5fEneoVo9UXiz36QG1GEPi0=
 github.com/aws/aws-sdk-go-v2/feature/ec2/imds v1.14.11 h1:c5I5iH+DZcH3xOIMlz3/tCKJDaHFwYEmxvlh2fAcFo8=
 github.com/aws/aws-sdk-go-v2/feature/ec2/imds v1.14.11/go.mod h1:cRrYDYAMUohBJUtUnOhydaMHtiK/1NZ0Otc9lIb6O0Y=
 github.com/aws/aws-sdk-go-v2/internal/configsources v1.2.10 h1:vF+Zgd9s+H4vOXd5BMaPWykta2a6Ih0AKLq/X6NYKn4=
diff --git a/s3-config-validator/src/vendor/github.com/aws/aws-sdk-go-v2/credentials/CHANGELOG.md b/s3-config-validator/src/vendor/github.com/aws/aws-sdk-go-v2/credentials/CHANGELOG.md
index 6671a41c9..989c4ea39 100644
--- a/s3-config-validator/src/vendor/github.com/aws/aws-sdk-go-v2/credentials/CHANGELOG.md
+++ b/s3-config-validator/src/vendor/github.com/aws/aws-sdk-go-v2/credentials/CHANGELOG.md
@@ -1,3 +1,7 @@
+# v1.16.16 (2024-01-18)
+
+* **Dependency Update**: Updated to the latest SDK module versions
+
 # v1.16.15 (2024-01-16)
 
 * **Dependency Update**: Updated to the latest SDK module versions
diff --git a/s3-config-validator/src/vendor/github.com/aws/aws-sdk-go-v2/credentials/go_module_metadata.go b/s3-config-validator/src/vendor/github.com/aws/aws-sdk-go-v2/credentials/go_module_metadata.go
index c8bcd2dce..fe92184dc 100644
--- a/s3-config-validator/src/vendor/github.com/aws/aws-sdk-go-v2/credentials/go_module_metadata.go
+++ b/s3-config-validator/src/vendor/github.com/aws/aws-sdk-go-v2/credentials/go_module_metadata.go
@@ -3,4 +3,4 @@
 package credentials
 
 // goModuleVersion is the tagged release for this module
-const goModuleVersion = "1.16.15"
+const goModuleVersion = "1.16.16"
diff --git a/s3-config-validator/src/vendor/modules.txt b/s3-config-validator/src/vendor/modules.txt
index dfc3f7f38..8618ef96e 100644
--- a/s3-config-validator/src/vendor/modules.txt
+++ b/s3-config-validator/src/vendor/modules.txt
@@ -26,7 +26,7 @@ github.com/aws/aws-sdk-go-v2/internal/timeconv
 ## explicit; go 1.19
 github.com/aws/aws-sdk-go-v2/aws/protocol/eventstream
 github.com/aws/aws-sdk-go-v2/aws/protocol/eventstream/eventstreamapi
-# github.com/aws/aws-sdk-go-v2/credentials v1.16.15
+# github.com/aws/aws-sdk-go-v2/credentials v1.16.16
 ## explicit; go 1.19
 github.com/aws/aws-sdk-go-v2/credentials
 github.com/aws/aws-sdk-go-v2/credentials/ec2rolecreds