During update process I got below error message
The GPG keys listed for the "MySQL 8.0 Community Server" repository are already installed but they are not correct for this package. Check that the correct key URLs are configured for this repository. Failing package is: mysql-community-client-8.0.28-1.el7.x86_64 GPG Keys are configured as: file:///etc/pki/rpm-gpg/RPM-GPG-KEY-mysql
Solution
Import new key
rpm --import https://repo.mysql.com/RPM-GPG-KEY-mysql-2022
after import new key I was able to perform update of the server
yum update