diff --git a/Cargo.lock b/Cargo.lock
index 21f9b5d5f..2e3f72069 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -4769,9 +4769,9 @@ dependencies = [
 
 [[package]]
 name = "serde"
-version = "1.0.196"
+version = "1.0.197"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "870026e60fa08c69f064aa766c10f10b1d62db9ccd4d0abb206472bee0ce3b32"
+checksum = "3fb1c873e1b9b056a4dc4c0c198b24c3ffa059243875552b2bd0933b1aee4ce2"
 dependencies = [
  "serde_derive",
 ]
@@ -4787,9 +4787,9 @@ dependencies = [
 
 [[package]]
 name = "serde_derive"
-version = "1.0.196"
+version = "1.0.197"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "33c85360c95e7d137454dc81d9a4ed2b8efd8fbe19cee57357b32b9771fccb67"
+checksum = "7eb0b34b42edc17f6b7cac84a52a1c5f0e1bb2227e997ca9011ea3dd34e8610b"
 dependencies = [
  "proc-macro2",
  "quote",
diff --git a/Cargo.toml b/Cargo.toml
index 6214e9f36..4b46fed6a 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -293,7 +293,7 @@ rustversion = "1.0.14"
 scopeguard = "1.2.0"
 semver = "1.0.22"
 seqlock = "0.2.0"
-serde = "1.0.196"
+serde = "1.0.197"
 serde_bytes = "0.11.14"
 serde_derive = "1.0.103"
 serde_json = "1.0.113"
diff --git a/programs/sbf/Cargo.lock b/programs/sbf/Cargo.lock
index 9454d1647..cf07b9d0b 100644
--- a/programs/sbf/Cargo.lock
+++ b/programs/sbf/Cargo.lock
@@ -4239,9 +4239,9 @@ dependencies = [
 
 [[package]]
 name = "serde"
-version = "1.0.196"
+version = "1.0.197"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "870026e60fa08c69f064aa766c10f10b1d62db9ccd4d0abb206472bee0ce3b32"
+checksum = "3fb1c873e1b9b056a4dc4c0c198b24c3ffa059243875552b2bd0933b1aee4ce2"
 dependencies = [
  "serde_derive",
 ]
@@ -4257,9 +4257,9 @@ dependencies = [
 
 [[package]]
 name = "serde_derive"
-version = "1.0.196"
+version = "1.0.197"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "33c85360c95e7d137454dc81d9a4ed2b8efd8fbe19cee57357b32b9771fccb67"
+checksum = "7eb0b34b42edc17f6b7cac84a52a1c5f0e1bb2227e997ca9011ea3dd34e8610b"
 dependencies = [
  "proc-macro2",
  "quote",