diff --git a/_service b/_service
index c24a41b..158f980 100644
--- a/_service
+++ b/_service
@@ -1,7 +1,7 @@
 <services>
   <service name="tar_scm" mode="disabled">
     <param name="filename">kubevirt</param>
-    <param name="revision">v0.48.1</param>
+    <param name="revision">v0.49.0</param>
     <param name="scm">git</param>
     <param name="submodules">disable</param>
     <param name="url">https://github.com/kubevirt/kubevirt</param>
diff --git a/disks-images-provider.yaml b/disks-images-provider.yaml
index 0e05c3e..87e3a30 100644
--- a/disks-images-provider.yaml
+++ b/disks-images-provider.yaml
@@ -19,7 +19,7 @@ spec:
       serviceAccountName: kubevirt-testing
       containers:
         - name: target
-          image: quay.io/kubevirt/disks-images-provider:v0.48.1
+          image: quay.io/kubevirt/disks-images-provider:v0.49.0
           imagePullPolicy: Always
           lifecycle:
             preStop:
diff --git a/kubevirt-0.48.1.tar.gz b/kubevirt-0.48.1.tar.gz
deleted file mode 100644
index 9b1ed78..0000000
--- a/kubevirt-0.48.1.tar.gz
+++ /dev/null
@@ -1,3 +0,0 @@
-version https://git-lfs.github.com/spec/v1
-oid sha256:e9188c828ccada92802a550b9294d1f6a428ffc9fa8c591a28a0fd1576d44b0f
-size 13319791
diff --git a/kubevirt-0.49.0.tar.gz b/kubevirt-0.49.0.tar.gz
new file mode 100644
index 0000000..b27b73f
--- /dev/null
+++ b/kubevirt-0.49.0.tar.gz
@@ -0,0 +1,3 @@
+version https://git-lfs.github.com/spec/v1
+oid sha256:51d772935388420da27b31909bea1808403d0152ec4326fe501c0512ef4f923c
+size 13598687
diff --git a/kubevirt.changes b/kubevirt.changes
index 4f4598b..617cf8e 100644
--- a/kubevirt.changes
+++ b/kubevirt.changes
@@ -1,3 +1,10 @@
+-------------------------------------------------------------------
+Wed Jan 12 06:29:18 UTC 2022 - Vasily Ulyanov <vasily.ulyanov@suse.com>
+
+- Update to version 0.49.0
+  Release notes https://github.com/kubevirt/kubevirt/releases/tag/v0.49.0
+  Includes the fix for CVE-2021-43565 (bsc#1193930)
+
 -------------------------------------------------------------------
 Thu Dec 16 07:23:09 UTC 2021 - Vasily Ulyanov <vasily.ulyanov@suse.com>
 
diff --git a/kubevirt.spec b/kubevirt.spec
index f25d06f..004d3f9 100644
--- a/kubevirt.spec
+++ b/kubevirt.spec
@@ -1,7 +1,7 @@
 #
 # spec file for package kubevirt
 #
-# Copyright (c) 2021 SUSE LLC
+# Copyright (c) 2022 SUSE LLC
 #
 # All modifications and additions to the file contributed by third parties
 # remain the property of their copyright owners, unless otherwise agreed
@@ -17,7 +17,7 @@
 
 
 Name:           kubevirt
-Version:        0.48.1
+Version:        0.49.0
 Release:        0
 Summary:        Container native virtualization
 License:        Apache-2.0