diff --git a/action.yml b/action.yml
index 59ea5824b..fdcb7e5c5 100644
--- a/action.yml
+++ b/action.yml
@@ -4,7 +4,7 @@ author: "JFrog"
 inputs:
     version:
         description: "JFrog CLI Version. A concrete X.Y.Z is recommended when download-repository points to a remote repository that stores artifacts locally, since latest is requested as the v2/[RELEASE] path and can be served from cache."
-        default: "2.124.0"
+        default: "2.127.0"
         required: false
     download-repository:
         description: "Remote repository in Artifactory pointing to 'https://releases.jfrog.io/artifactory/jfrog-cli'. Use this parameter in case you don't have an Internet access. When the repository stores artifacts locally, prefer a concrete version over latest: latest is requested as the literal v2/[RELEASE] path, and the binary cached under that path can keep being served on later runs."