diff --git a/CHANGELOG.md b/CHANGELOG.md
index 25161c2b3..70ea07b74 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,6 +4,12 @@ All notable changes to this project will be documented in this file.
 
 The format is based on Keep a Changelog (https://keepachangelog.com/en/1.0.0/),
 
+## [3.0.3] - tbd
+
+### Security
+
+- BPDM Pool: Update dependencies to mitigate vulnerabilities in old versions
+
 ## [3.0.2] - 2022-02-15
 
 ### Changed
diff --git a/DEPENDENCIES b/DEPENDENCIES
index 137aabef5..d25d4032a 100644
--- a/DEPENDENCIES
+++ b/DEPENDENCIES
@@ -91,7 +91,7 @@ maven/mavencentral/org.apache.tomcat.embed/tomcat-embed-el/10.1.5, Apache-2.0, a
 maven/mavencentral/org.apache.tomcat.embed/tomcat-embed-websocket/10.1.5, Apache-2.0, approved, clearlydefined
 maven/mavencentral/org.aspectj/aspectjweaver/1.9.19, EPL-1.0, approved, tools.aspectj
 maven/mavencentral/org.eclipse.parsson/parsson/1.0.0, EPL-2.0, approved, ee4j.parsson
-maven/mavencentral/org.eclipse.tractusx/bpdm-common/3.0.2-SNAPSHOT, Apache-2.0, approved, automotive.tractusx
+maven/mavencentral/org.eclipse.tractusx/bpdm-common/3.0.3-SNAPSHOT, Apache-2.0, approved, automotive.tractusx
 maven/mavencentral/org.flywaydb/flyway-core/8.5.12, Apache-2.0, approved, #2764
 maven/mavencentral/org.hdrhistogram/HdrHistogram/2.1.12, , approved, CQ13192
 maven/mavencentral/org.hibernate.orm/hibernate-core/6.1.6.Final, LGPL-2.1-or-later AND (Apache-2.0 AND LGPL-2.1-only) AND (CC-PDDC AND LGPL-2.1-only) AND (EPL-2.0 OR BSD-3-Clause), approved, #5939
diff --git a/bpdm-common/pom.xml b/bpdm-common/pom.xml
index 2463d7d01..0e61f583e 100644
--- a/bpdm-common/pom.xml
+++ b/bpdm-common/pom.xml
@@ -29,7 +29,7 @@
     <parent>
         <groupId>org.eclipse.tractusx</groupId>
         <artifactId>bpdm-parent</artifactId>
-        <version>3.0.2</version>
+        <version>3.0.3-SNAPSHOT</version>
     </parent>
 
     <dependencies>
diff --git a/bpdm-gate/pom.xml b/bpdm-gate/pom.xml
index 9a0dd730f..6b0a16f4a 100644
--- a/bpdm-gate/pom.xml
+++ b/bpdm-gate/pom.xml
@@ -31,7 +31,7 @@
     <parent>
         <groupId>org.eclipse.tractusx</groupId>
         <artifactId>bpdm-parent</artifactId>
-        <version>3.0.2</version>
+        <version>3.0.3-SNAPSHOT</version>
     </parent>
 
     <dependencies>
diff --git a/bpdm-pool/pom.xml b/bpdm-pool/pom.xml
index 23fe9ccb6..c187f6a2a 100644
--- a/bpdm-pool/pom.xml
+++ b/bpdm-pool/pom.xml
@@ -31,11 +31,11 @@
     <parent>
         <groupId>org.eclipse.tractusx</groupId>
         <artifactId>bpdm-parent</artifactId>
-        <version>3.0.2</version>
+        <version>3.0.3-SNAPSHOT</version>
     </parent>
 
     <properties>
-        <postgres.version>42.5.0</postgres.version>
+        <postgres.version>42.5.1</postgres.version>
         <flyway.version>8.5.12</flyway.version>
         <testcontainers.version>1.17.2</testcontainers.version>
         <opensearch.version>2.5.0</opensearch.version>
diff --git a/docs/api/gate.json b/docs/api/gate.json
index 9f07a37bf..9e6371a78 100644
--- a/docs/api/gate.json
+++ b/docs/api/gate.json
@@ -3,7 +3,7 @@
   "info": {
     "title": "Business Partner Data Management Gate",
     "description": "A gate for a member to share business partner data with CatenaX",
-    "version": "3.0.2"
+    "version": "3.0.3-SNAPSHOT"
   },
   "servers": [
     {
diff --git a/docs/api/gate.yaml b/docs/api/gate.yaml
index cf8ac2a21..1744a939d 100644
--- a/docs/api/gate.yaml
+++ b/docs/api/gate.yaml
@@ -2,7 +2,7 @@ openapi: 3.0.1
 info:
   title: Business Partner Data Management Gate
   description: A gate for a member to share business partner data with CatenaX
-  version: 3.0.2
+  version: 3.0.3-SNAPSHOT
 servers:
   - url: http://localhost:8081
     description: Generated server url
diff --git a/docs/api/pool.json b/docs/api/pool.json
index 849751f7e..70fbfc8e1 100644
--- a/docs/api/pool.json
+++ b/docs/api/pool.json
@@ -3,7 +3,7 @@
   "info": {
     "title": "Business Partner Data Management Pool",
     "description": "Service that manages and shares business partner data with other CatenaX services",
-    "version": "3.0.2"
+    "version": "3.0.3-SNAPSHOT"
   },
   "servers": [
     {
diff --git a/docs/api/pool.yaml b/docs/api/pool.yaml
index 6fe9737b3..dfa92aff4 100644
--- a/docs/api/pool.yaml
+++ b/docs/api/pool.yaml
@@ -2,7 +2,7 @@ openapi: 3.0.1
 info:
   title: Business Partner Data Management Pool
   description: Service that manages and shares business partner data with other CatenaX services
-  version: 3.0.2
+  version: 3.0.3-SNAPSHOT
 servers:
   - url: http://localhost:8080
     description: Generated server url
diff --git a/pom.xml b/pom.xml
index 5ab9ae7ed..c8d069e5e 100644
--- a/pom.xml
+++ b/pom.xml
@@ -27,7 +27,7 @@
     <artifactId>bpdm-parent</artifactId>
     <name>Business Partner Data Management Parent</name>
     <description>Parent pom of Business Partner Data Management</description>
-    <version>3.0.2</version>
+    <version>3.0.3-SNAPSHOT</version>
     <packaging>pom</packaging>
 
     <parent>