diff --git a/Cargo.lock b/Cargo.lock
index e42722486c837d..17dee6dbc1dd69 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -5103,9 +5103,9 @@ dependencies = [
 
 [[package]]
 name = "serde_json"
-version = "1.0.125"
+version = "1.0.127"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "83c8e735a073ccf5be70aa8066aa984eaf2fa000db6c8d0100ae605b366d31ed"
+checksum = "8043c06d9f82bd7271361ed64f415fe5e12a77fdb52e573e7f06a516dea329ad"
 dependencies = [
  "itoa",
  "memchr",
diff --git a/Cargo.toml b/Cargo.toml
index ae3e93fd024d12..ccf6d769f2e23b 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -333,7 +333,7 @@ seqlock = "0.2.0"
 serde = "1.0.208" # must match the serde_derive version, see https://github.com/serde-rs/serde/issues/2584#issuecomment-1685252251
 serde_bytes = "0.11.15"
 serde_derive = "1.0.208" # must match the serde version, see https://github.com/serde-rs/serde/issues/2584#issuecomment-1685252251
-serde_json = "1.0.125"
+serde_json = "1.0.127"
 serde_with = { version = "2.3.3", default-features = false }
 serde_yaml = "0.9.34"
 serial_test = "2.0.0"
diff --git a/programs/sbf/Cargo.lock b/programs/sbf/Cargo.lock
index db1cdcc0de8144..00d5545e1c9056 100644
--- a/programs/sbf/Cargo.lock
+++ b/programs/sbf/Cargo.lock
@@ -4263,9 +4263,9 @@ dependencies = [
 
 [[package]]
 name = "serde_json"
-version = "1.0.125"
+version = "1.0.127"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "83c8e735a073ccf5be70aa8066aa984eaf2fa000db6c8d0100ae605b366d31ed"
+checksum = "8043c06d9f82bd7271361ed64f415fe5e12a77fdb52e573e7f06a516dea329ad"
 dependencies = [
  "itoa",
  "memchr",