diff --git a/Cargo.lock b/Cargo.lock
index 5c7dc40d50..f79296e905 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -4798,9 +4798,9 @@ dependencies = [
 
 [[package]]
 name = "serde"
-version = "1.0.185"
+version = "1.0.186"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "be9b6f69f1dfd54c3b568ffa45c310d6973a5e5148fd40cf515acaf38cf5bc31"
+checksum = "9f5db24220c009de9bd45e69fb2938f4b6d2df856aa9304ce377b3180f83b7c1"
 dependencies = [
  "serde_derive",
 ]
@@ -4816,9 +4816,9 @@ dependencies = [
 
 [[package]]
 name = "serde_derive"
-version = "1.0.185"
+version = "1.0.186"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "dc59dfdcbad1437773485e0367fea4b090a2e0a16d9ffc46af47764536a298ec"
+checksum = "5ad697f7e0b65af4983a4ce8f56ed5b357e8d3c36651bf6a7e13639c17b8e670"
 dependencies = [
  "proc-macro2",
  "quote",
diff --git a/Cargo.toml b/Cargo.toml
index 85228b6805..98c483bdbd 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -279,7 +279,7 @@ rustls = { version = "0.21.6", default-features = false, features = ["quic"] }
 rustversion = "1.0.14"
 scopeguard = "1.2.0"
 semver = "1.0.18"
-serde = "1.0.185"
+serde = "1.0.186"
 serde_bytes = "0.11.12"
 serde_derive = "1.0.103"
 serde_json = "1.0.105"
diff --git a/programs/sbf/Cargo.lock b/programs/sbf/Cargo.lock
index 9094693780..cf0dd5d2f4 100644
--- a/programs/sbf/Cargo.lock
+++ b/programs/sbf/Cargo.lock
@@ -4218,9 +4218,9 @@ checksum = "b0293b4b29daaf487284529cc2f5675b8e57c61f70167ba415a463651fd6a918"
 
 [[package]]
 name = "serde"
-version = "1.0.185"
+version = "1.0.186"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "be9b6f69f1dfd54c3b568ffa45c310d6973a5e5148fd40cf515acaf38cf5bc31"
+checksum = "9f5db24220c009de9bd45e69fb2938f4b6d2df856aa9304ce377b3180f83b7c1"
 dependencies = [
  "serde_derive",
 ]
@@ -4236,9 +4236,9 @@ dependencies = [
 
 [[package]]
 name = "serde_derive"
-version = "1.0.185"
+version = "1.0.186"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "dc59dfdcbad1437773485e0367fea4b090a2e0a16d9ffc46af47764536a298ec"
+checksum = "5ad697f7e0b65af4983a4ce8f56ed5b357e8d3c36651bf6a7e13639c17b8e670"
 dependencies = [
  "proc-macro2",
  "quote",