diff --git a/Cargo.lock b/Cargo.lock
index 23f5ff8..430640a 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -2005,18 +2005,18 @@ checksum = "b0293b4b29daaf487284529cc2f5675b8e57c61f70167ba415a463651fd6a918"
 
 [[package]]
 name = "serde"
-version = "1.0.198"
+version = "1.0.204"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "9846a40c979031340571da2545a4e5b7c4163bdae79b301d5f86d03979451fcc"
+checksum = "bc76f558e0cbb2a839d37354c575f1dc3fdc6546b5be373ba43d95f231bf7c12"
 dependencies = [
  "serde_derive",
 ]
 
 [[package]]
 name = "serde_derive"
-version = "1.0.198"
+version = "1.0.204"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "e88edab869b01783ba905e7d0153f9fc1a6505a96e4ad3018011eedb838566d9"
+checksum = "e0cd7e117be63d3c3678776753929474f3b04a43a080c744d6b0ae2a8c28e222"
 dependencies = [
  "proc-macro2",
  "quote",
diff --git a/Cargo.toml b/Cargo.toml
index ba94f28..f5c7586 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -26,7 +26,7 @@ reqwest = { version = "0.11", default-features = false, features = ["json", "rus
 tokio = { version = "1", features = ["rt-multi-thread", "time", "signal"] }
 tokio-stream = "0.1.15"
 tokio-util = "0.7.10"
-serde = { version = "1.0.198", features = ["derive"] }
+serde = { version = "1.0.200", features = ["derive"] }
 serde_json = "1.0.116"
 serde_dynamo = { version = "4.2.14", features = ["aws-sdk-dynamodb+0_21"] }
 aws-config = "0.51.0"
diff --git a/packages/opentelemetry-tracing-utils/Cargo.toml b/packages/opentelemetry-tracing-utils/Cargo.toml
index e443d08..803d5e1 100644
--- a/packages/opentelemetry-tracing-utils/Cargo.toml
+++ b/packages/opentelemetry-tracing-utils/Cargo.toml
@@ -24,7 +24,7 @@ opentelemetry-semantic-conventions = "0.13.0"
 # Allows you to export data to OTEL collector
 # Requires protoc to be installed (protobuf compiler)
 opentelemetry-otlp = "0.14.0"
-serde = { version = "1.0.198", features = ["derive"] }
+serde = { version = "1.0.200", features = ["derive"] }
 serde_json = "1.0.116"
 tracing-serde = "0.1.3"
 tracing-subscriber = { version = "0.3.18", features = ["json", "env-filter"] }