diff --git a/java-shared-dependencies/first-party-dependencies/pom.xml b/java-shared-dependencies/first-party-dependencies/pom.xml
index 037bff4b1d..711d5ceb48 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>1.41.0</google.http-client.version>
     <google.oauth-client.version>1.32.1</google.oauth-client.version>
     <google.api-client.version>1.33.0</google.api-client.version>
-    <iam.version>1.2.0</iam.version>
+    <iam.version>1.2.1</iam.version>
   </properties>
 
   <dependencyManagement>