diff --git a/hack/dockerfile/install/containerd.installer b/hack/dockerfile/install/containerd.installer
index b2367aaf42..201283c09a 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:=c7a4f874b3267c499484aae602d1257b12d69e40} # v1.3.1
+: ${CONTAINERD_COMMIT:=ff48f57fc83a8c44cf4ad5d672424a98ba37ded6} # v1.3.2
 
 install_containerd() {
 	echo "Install containerd version $CONTAINERD_COMMIT"