diff --git a/setup.py b/setup.py
index ab935259f31..6aaf4eb8889 100644
--- a/setup.py
+++ b/setup.py
@@ -16,7 +16,7 @@
     license="MIT",
     install_requires=[
         "apache-libcloud==3.1.0",
-        "cryptography==38.0.3",
+        "cryptography==41.0.5",
         "docopt==0.6.2",
         # https://pypi.org/project/gevent/ the latest version resolves problem for Mac M1 chips
         # This issue is caused by a program attempting to load an x86_64-only library from a native arm64 process.