diff --git a/Cargo.lock b/Cargo.lock
index 81e2ced219..8bb9ec50b4 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -4664,9 +4664,9 @@ dependencies = [
 
 [[package]]
 name = "serde_with"
-version = "2.2.0"
+version = "2.3.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "30d904179146de381af4c93d3af6ca4984b3152db687dacb9c3c35e86f39809c"
+checksum = "331bb8c3bf9b92457ab7abecf07078c13f7d270ba490103e84e8b014490cd0b0"
 dependencies = [
  "serde",
  "serde_with_macros",
@@ -4674,9 +4674,9 @@ dependencies = [
 
 [[package]]
 name = "serde_with_macros"
-version = "2.2.0"
+version = "2.3.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "a1966009f3c05f095697c537312f5415d1e3ed31ce0a56942bac4c771c5c335e"
+checksum = "859011bddcc11f289f07f467cc1fe01c7a941daa4d8f6c40d4d1c92eb6d9319c"
 dependencies = [
  "darling",
  "proc-macro2 1.0.53",
diff --git a/Cargo.toml b/Cargo.toml
index e6838bbe48..f448d39c57 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -282,7 +282,7 @@ serde_derive = "1.0.103"
 serde_json = "1.0.83"
 serde_yaml = "0.9.21"
 serial_test = "0.9.0"
-serde_with = { version = "2.2.0", default-features = false }
+serde_with = { version = "2.3.2", default-features = false }
 sha2 = "0.10.6"
 sha3 = "0.10.4"
 signal-hook = "0.3.14"
diff --git a/programs/sbf/Cargo.lock b/programs/sbf/Cargo.lock
index 18c7b130e1..33f90f4039 100644
--- a/programs/sbf/Cargo.lock
+++ b/programs/sbf/Cargo.lock
@@ -4252,9 +4252,9 @@ dependencies = [
 
 [[package]]
 name = "serde_with"
-version = "2.2.0"
+version = "2.3.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "30d904179146de381af4c93d3af6ca4984b3152db687dacb9c3c35e86f39809c"
+checksum = "331bb8c3bf9b92457ab7abecf07078c13f7d270ba490103e84e8b014490cd0b0"
 dependencies = [
  "serde",
  "serde_with_macros",
@@ -4262,9 +4262,9 @@ dependencies = [
 
 [[package]]
 name = "serde_with_macros"
-version = "2.2.0"
+version = "2.3.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "a1966009f3c05f095697c537312f5415d1e3ed31ce0a56942bac4c771c5c335e"
+checksum = "859011bddcc11f289f07f467cc1fe01c7a941daa4d8f6c40d4d1c92eb6d9319c"
 dependencies = [
  "darling",
  "proc-macro2 1.0.53",