diff --git a/google-cloud-bom/pom.xml b/google-cloud-bom/pom.xml
index 9d9f747b5a61..e45c814b367b 100644
--- a/google-cloud-bom/pom.xml
+++ b/google-cloud-bom/pom.xml
@@ -224,7 +224,7 @@
       <dependency>
         <groupId>com.google.cloud</groupId>
         <artifactId>google-cloud-pubsub-bom</artifactId>
-        <version>1.123.0</version>
+        <version>1.123.1</version>
         <type>pom</type>
         <scope>import</scope>
       </dependency>