diff --git a/Cargo.lock b/Cargo.lock
index dbbb33ae0..cf9b558f8 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -4719,9 +4719,9 @@ dependencies = [
 
 [[package]]
 name = "serde"
-version = "1.0.166"
+version = "1.0.168"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "d01b7404f9d441d3ad40e6a636a7782c377d2abdbe4fa2440e2edcc2f4f10db8"
+checksum = "d614f89548720367ded108b3c843be93f3a341e22d5674ca0dd5cd57f34926af"
 dependencies = [
  "serde_derive",
 ]
@@ -4747,9 +4747,9 @@ dependencies = [
 
 [[package]]
 name = "serde_derive"
-version = "1.0.166"
+version = "1.0.168"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "5dd83d6dde2b6b2d466e14d9d1acce8816dedee94f735eac6395808b3483c6d6"
+checksum = "d4fe589678c688e44177da4f27152ee2d190757271dc7f1d5b6b9f68d869d641"
 dependencies = [
  "proc-macro2 1.0.63",
  "quote 1.0.29",
diff --git a/Cargo.toml b/Cargo.toml
index bf384ea53..9dee2db5d 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -279,7 +279,7 @@ rustls = { version = "0.20.8", default-features = false }
 rustversion = "1.0.13"
 scopeguard = "1.1.0"
 semver = "1.0.17"
-serde = "1.0.166"
+serde = "1.0.168"
 serde_bytes = "0.11.11"
 serde_derive = "1.0.103"
 serde_json = "1.0.100"
diff --git a/programs/sbf/Cargo.lock b/programs/sbf/Cargo.lock
index 01c230679..b026cf60e 100644
--- a/programs/sbf/Cargo.lock
+++ b/programs/sbf/Cargo.lock
@@ -4205,9 +4205,9 @@ checksum = "bebd363326d05ec3e2f532ab7660680f3b02130d780c299bca73469d521bc0ed"
 
 [[package]]
 name = "serde"
-version = "1.0.166"
+version = "1.0.168"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "d01b7404f9d441d3ad40e6a636a7782c377d2abdbe4fa2440e2edcc2f4f10db8"
+checksum = "d614f89548720367ded108b3c843be93f3a341e22d5674ca0dd5cd57f34926af"
 dependencies = [
  "serde_derive",
 ]
@@ -4223,9 +4223,9 @@ dependencies = [
 
 [[package]]
 name = "serde_derive"
-version = "1.0.166"
+version = "1.0.168"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "5dd83d6dde2b6b2d466e14d9d1acce8816dedee94f735eac6395808b3483c6d6"
+checksum = "d4fe589678c688e44177da4f27152ee2d190757271dc7f1d5b6b9f68d869d641"
 dependencies = [
  "proc-macro2 1.0.63",
  "quote 1.0.29",