SpringFramework Version upgrade resulted in BeanCreationException

Question

I have a java service running in Openshift which involves connecting to ECS S3, read Parquet files and writes to SQL Server Database. This is a Rest service.

I have some of the following in my POM

org.springframework.boot version 2.3.5
Spring-cloud.version  Hoxton.SR12
Java 1.8
<dependency>
<groupId>org.apache.hadoop</groupId>
        <artifactId>hadoop-aws</artifactId>
        <version> 3.3.1</version>
<dependency>
<dependency>
            <groupId>org.apache.hadoop</groupId>
            <artifactId>hadoop-common</artifactId>
            <version> 3.3.1</version>
<dependency>

This is working with the versions above. However Aqua Code Scan reported Critical Vulnerabilities and to fix the those, I changed the versions as suggested by the scan tool as below.

org.springframework.boot version 2.5.12
Spring-cloud.version  2020.0.5
Java 1.8
<!-- This is added new -->
<dependency>
            <groupId>com.fasterxml.jackson.core</groupId>
            <artifactId>jackson-databind</artifactId>
            <!--<version>2.9.10.4</version> -->
            <version>2.12.0</version>



        </dependency>

<dependency>
        <groupId>org.apache.hadoop</groupId>
        <artifactId>hadoop-aws</artifactId>
        <version> 3.3.1</version>
            <exclusions>
                <exclusion>
                    <groupId>log4j</groupId>
                    <artifactId>log4j</artifactId>
                </exclusion>

                <exclusion>
                    <groupId>com.fasterxml.jackson.core</groupId>
                    <artifactId>jackson-databind</artifactId>
                </exclusion>

                <exclusion>
                    <groupId>org.apache.hadoop</groupId>
                    <artifactId>hadoop-client-runtime</artifactId>
                </exclusion>

                <exclusion>
                    <groupId>org.apache.htrace</groupId>
                    <artifactId>htrace-core4</artifactId>
                </exclusion>

                <exclusion>
                    <groupId>com.amazonaws</groupId>
                    <artifactId>aws-java-sdk-bundle</artifactId>
                </exclusion>

            </exclusions>

        </dependency>

<!-- Same kind of exclusions for hadoop-common -->

Upon changing, build succeeds, but I ended up getting the following during Deployment in Openshit

2022-05-13 13:33:20.5244200 [main] [] ERROR o.s.boot.SpringApplication - Application run failed 
org.springframework.beans.factory.BeanCreationException: Error creating bean with name 'configurationPropertiesBeans' defined in class path resource [org/springframework/cloud/autoconfigure/ConfigurationPropertiesRebinderAutoConfiguration.class]: Post-processing of merged bean definition failed; nested exception is java.lang.IllegalStateException: Failed to introspect Class [org.springframework.cloud.context.properties.ConfigurationPropertiesBeans] from ClassLoader [org.springframework.boot.loader.LaunchedURLClassLoader@42110406]
    at org.springframework.beans.factory.support.AbstractAutowireCapableBeanFactory.doCreateBean(AbstractAutowireCapableBeanFactory.java:597)
    at org.springframework.beans.factory.support.AbstractAutowireCapableBeanFactory.createBean(AbstractAutowireCapableBeanFactory.java:542)
    at org.springframework.beans.factory.support.AbstractBeanFactory.lambda$doGetBean$0(AbstractBeanFactory.java:335)
    at org.springframework.beans.factory.support.DefaultSingletonBeanRegistry.getSingleton(DefaultSingletonBeanRegistry.java:234)
    at org.springframework.beans.factory.support.AbstractBeanFactory.doGetBean(AbstractBeanFactory.java:333)
    at org.springframework.beans.factory.support.AbstractBeanFactory.getBean(AbstractBeanFactory.java:213)
    at org.springframework.context.support.PostProcessorRegistrationDelegate.registerBeanPostProcessors(PostProcessorRegistrationDelegate.java:270)
    at org.springframework.context.support.AbstractApplicationContext.registerBeanPostProcessors(AbstractApplicationContext.java:762)
    at org.springframework.context.support.AbstractApplicationContext.refresh(AbstractApplicationContext.java:567)
    at org.springframework.boot.SpringApplication.refresh(SpringApplication.java:775)
    at org.springframework.boot.SpringApplication.refreshContext(SpringApplication.java:448)
    at org.springframework.boot.SpringApplication.run(SpringApplication.java:339)
    at org.springframework.boot.builder.SpringApplicationBuilder.run(SpringApplicationBuilder.java:143)
    at org.springframework.cloud.bootstrap.BootstrapApplicationListener.bootstrapServiceContext(BootstrapApplicationListener.java:206)
    at org.springframework.cloud.bootstrap.BootstrapApplicationListener.onApplicationEvent(BootstrapApplicationListener.java:117)
    at org.springframework.cloud.bootstrap.BootstrapApplicationListener.onApplicationEvent(BootstrapApplicationListener.java:74)
    at org.springframework.context.event.SimpleApplicationEventMulticaster.doInvokeListener(SimpleApplicationEventMulticaster.java:176)
    at org.springframework.context.event.SimpleApplicationEventMulticaster.invokeListener(SimpleApplicationEventMulticaster.java:169)
    at org.springframework.context.event.SimpleApplicationEventMulticaster.multicastEvent(SimpleApplicationEventMulticaster.java:143)
    at org.springframework.context.event.SimpleApplicationEventMulticaster.multicastEvent(SimpleApplicationEventMulticaster.java:131)
    at org.springframework.boot.context.event.EventPublishingRunListener.environmentPrepared(EventPublishingRunListener.java:82)
    at org.springframework.boot.SpringApplicationRunListeners.lambda$environmentPrepared$2(SpringApplicationRunListeners.java:63)
    at java.util.ArrayList.forEach(ArrayList.java:1259)
    at org.springframework.boot.SpringApplicationRunListeners.doWithListeners(SpringApplicationRunListeners.java:117)
    at org.springframework.boot.SpringApplicationRunListeners.doWithListeners(SpringApplicationRunListeners.java:111)
    at org.springframework.boot.SpringApplicationRunListeners.environmentPrepared(SpringApplicationRunListeners.java:62)
    at org.springframework.boot.SpringApplication.prepareEnvironment(SpringApplication.java:375)
    at org.springframework.boot.SpringApplication.run(SpringApplication.java:333)
    at com.rbc.wmi.bor0.data.ingestion.S3IngestionApplication.main(S3IngestionApplication.java:15)
    at sun.reflect.NativeMethodAccessorImpl.invoke0(Native Method)
    at sun.reflect.NativeMethodAccessorImpl.invoke(NativeMethodAccessorImpl.java:62)
    at sun.reflect.DelegatingMethodAccessorImpl.invoke(DelegatingMethodAccessorImpl.java:43)
    at java.lang.reflect.Method.invoke(Method.java:498)
    at org.springframework.boot.loader.MainMethodRunner.run(MainMethodRunner.java:49)
    at org.springframework.boot.loader.Launcher.launch(Launcher.java:108)
    at org.springframework.boot.loader.Launcher.launch(Launcher.java:58)
    at org.springframework.boot.loader.JarLauncher.main(JarLauncher.java:88)
Caused by: java.lang.IllegalStateException: Failed to introspect Class [org.springframework.cloud.context.properties.ConfigurationPropertiesBeans] from ClassLoader [org.springframework.boot.loader.LaunchedURLClassLoader@42110406]
    at org.springframework.util.ReflectionUtils.getDeclaredMethods(ReflectionUtils.java:485)
    at org.springframework.util.ReflectionUtils.doWithLocalMethods(ReflectionUtils.java:321)
    at org.springframework.orm.jpa.support.PersistenceAnnotationBeanPostProcessor.buildPersistenceMetadata(PersistenceAnnotationBeanPostProcessor.java:417)

Could anyone help please?