Issue 1452: Update kubernetes to version 1.27.16 to patch CVE-2024-5321

[mselim00]

Is this a bug fix or adding new feature?

CVE patch

What is this PR about? / Why do we need it?

Bumps kubernetes to v1.27.16 from v1.26.15 for vulnerability patching

[linux-foundation-easycla]

The committers listed above are authorized under a signed CLA.

• ✅ login: mselim00 (c130d0d)

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[k8s-ci-robot]

Hi @mselim00. Thanks for your PR.

I'm waiting for a kubernetes-sigs member to verify that this patch is reasonable to test. If it is, they should reply with /ok-to-test on its own line. Until that is done, I will not automatically test new commits in this PR, but the usual testing commands by org members will still work. Regular contributors should join the org to skip this step.

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[jrakas-dev]

/ok-to-test

[k8s-ci-robot]

@jrakas-dev: Cannot trigger testing until a trusted user reviews the PR and leaves an /ok-to-test message.

In response to this:

/ok-to-test

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[mskanth972]

/ok-to-test

[mselim00]

/retest

[mskanth972]

/lgtm
/approve

[k8s-ci-robot]

[APPROVALNOTIFIER] This PR is APPROVED

This pull-request has been approved by: Issacwww, mselim00, mskanth972

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