diff --git a/.changes/unreleased/Security-20240327-190647.yaml b/.changes/unreleased/Security-20240327-190647.yaml
new file mode 100644
index 000000000..2dc302cc9
--- /dev/null
+++ b/.changes/unreleased/Security-20240327-190647.yaml
@@ -0,0 +1,6 @@
+kind: Security
+body: Pin `black>=24.3` in `dev-requirements.txt`
+time: 2024-03-27T19:06:47.369905-04:00
+custom:
+  Author: mikealfare
+  PR: "959"
diff --git a/dev-requirements.txt b/dev-requirements.txt
index 5e5458901..6f4fd46ae 100644
--- a/dev-requirements.txt
+++ b/dev-requirements.txt
@@ -6,7 +6,7 @@ git+https://github.com/dbt-labs/dbt-adapters.git#subdirectory=dbt-tests-adapter
 
 # if version 1.x or greater -> pin to major version
 # if version 0.x -> pin to minor
-black~=23.12
+black>=24.3
 bumpversion~=0.6.0
 click~=8.1
 cryptography~=42.0.4