diff --git a/folio-auth-openid/pom.xml b/folio-auth-openid/pom.xml
index 3c5131e..fed7c35 100644
--- a/folio-auth-openid/pom.xml
+++ b/folio-auth-openid/pom.xml
@@ -15,7 +15,7 @@
     <sonar.exclusions>
       src/main/java/**/configuration/**/*
     </sonar.exclusions>
-    <log4j.version>2.24.2</log4j.version>
+    <log4j.version>2.24.3</log4j.version>
     <jackson-databind.version>2.18.2</jackson-databind.version>
     <jakarta.json-api.version>2.1.3</jakarta.json-api.version>
     <parsson.version>1.1.7</parsson.version>
diff --git a/folio-integration-kong/pom.xml b/folio-integration-kong/pom.xml
index 08d3bcf..e477c4c 100644
--- a/folio-integration-kong/pom.xml
+++ b/folio-integration-kong/pom.xml
@@ -11,7 +11,7 @@
   <artifactId>folio-integration-kong</artifactId>
 
   <properties>
-    <spring-cloud-starter-openfeign.version>4.1.4</spring-cloud-starter-openfeign.version>
+    <spring-cloud-starter-openfeign.version>4.2.0</spring-cloud-starter-openfeign.version>
     <commons-codec.version>1.17.1</commons-codec.version>
     <mockito-inline.version>5.2.0</mockito-inline.version>
 
diff --git a/folio-secret-store/folio-secret-store-common/pom.xml b/folio-secret-store/folio-secret-store-common/pom.xml
index 2922d45..47dbf70 100644
--- a/folio-secret-store/folio-secret-store-common/pom.xml
+++ b/folio-secret-store/folio-secret-store-common/pom.xml
@@ -15,8 +15,8 @@
 
   <properties>
     <vault.version>5.1.0</vault.version>
-    <aws.version>2.29.23</aws.version>
-    <apache-commons-text.version>1.12.0</apache-commons-text.version>
+    <aws.version>2.29.34</aws.version>
+    <apache-commons-text.version>1.13.0</apache-commons-text.version>
     <bc-fips>2.0.0</bc-fips>
   </properties>
 
diff --git a/folio-security/pom.xml b/folio-security/pom.xml
index c37ed07..1fa5573 100644
--- a/folio-security/pom.xml
+++ b/folio-security/pom.xml
@@ -11,7 +11,7 @@
   <artifactId>folio-security</artifactId>
 
   <properties>
-    <spring-cloud-bom.version>2023.0.4</spring-cloud-bom.version>
+    <spring-cloud-bom.version>2024.0.0</spring-cloud-bom.version>
     <keycloak-admin-client.version>26.0.0</keycloak-admin-client.version>
     <jwks-rsa.version>0.22.1</jwks-rsa.version>
 
diff --git a/pom.xml b/pom.xml
index fdd9347..37b2c0a 100644
--- a/pom.xml
+++ b/pom.xml
@@ -5,7 +5,7 @@
   <parent>
     <groupId>org.springframework.boot</groupId>
     <artifactId>spring-boot-starter-parent</artifactId>
-    <version>3.3.5</version>
+    <version>3.4.0</version>
     <relativePath />
   </parent>
 
@@ -38,7 +38,7 @@
   <properties>
     <java.version>17</java.version>
     <lombok.version>1.18.36</lombok.version>
-    <spring-boot.version>3.3.5</spring-boot.version>
+    <spring-boot.version>3.4.0</spring-boot.version>
     <apache-commons-collections4.version>4.4</apache-commons-collections4.version>
     <spring-kafka.version>3.3.0</spring-kafka.version>
     <spring-boot-starter-validation.version>3.0.4</spring-boot-starter-validation.version>
@@ -48,7 +48,7 @@
     <!-- Test dependencies versions -->
     <wiremock.version>2.35.2</wiremock.version>
     <testcontainer.version>1.20.4</testcontainer.version>
-    <instancio.version>5.1.0</instancio.version>
+    <instancio.version>5.2.1</instancio.version>
 
     <!-- Plugins versions -->
     <maven-clean-plugin.version>3.2.0</maven-clean-plugin.version>
@@ -161,7 +161,7 @@
             <dependency>
               <groupId>com.puppycrawl.tools</groupId>
               <artifactId>checkstyle</artifactId>
-              <version>10.20.2</version>
+              <version>10.21.0</version>
             </dependency>
             <dependency>
               <groupId>org.folio</groupId>