diff --git a/CHANGELOG.md b/CHANGELOG.md
index f8eaf0ed..256d29c4 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,5 @@
+## 1.3.1 (Unreleased)
+
 ## 1.3.0 (19 December 2024)
 
 BREAKING CHANGES:
diff --git a/GNUmakefile b/GNUmakefile
index d90fbe88..365ec72d 100644
--- a/GNUmakefile
+++ b/GNUmakefile
@@ -3,7 +3,7 @@ SWEEP_DIR=./internal/sweep
 NAMESPACE=pingidentity
 PKG_NAME=pingone
 BINARY=terraform-provider-${NAME}
-VERSION=1.3.0
+VERSION=1.3.1
 OS_ARCH=linux_amd64
 
 default: install