diff --git a/java-shared-dependencies/first-party-dependencies/pom.xml b/java-shared-dependencies/first-party-dependencies/pom.xml
index 61a00b704de0..ce8798e8ab10 100644
--- a/java-shared-dependencies/first-party-dependencies/pom.xml
+++ b/java-shared-dependencies/first-party-dependencies/pom.xml
@@ -67,7 +67,7 @@
     <google.http-client.version>1.41.7</google.http-client.version>
     <google.oauth-client.version>1.33.2</google.oauth-client.version>
     <google.api-client.version>1.33.4</google.api-client.version>
-    <iam.version>1.3.0</iam.version>
+    <iam.version>1.3.1</iam.version>
   </properties>
 
   <dependencyManagement>