diff --git a/bom/application/pom.xml b/bom/application/pom.xml
index 50530bcf365f1..87bc2ec4378db 100644
--- a/bom/application/pom.xml
+++ b/bom/application/pom.xml
@@ -146,7 +146,7 @@
         <azure-functions-java-library.version>1.4.2</azure-functions-java-library.version>
         <kotlin.version>1.6.10</kotlin.version>
         <kotlin.coroutine.version>1.6.0</kotlin.coroutine.version>
-        <kotlin-serialization.version>1.3.1</kotlin-serialization.version>
+        <kotlin-serialization.version>1.3.2</kotlin-serialization.version>
         <dekorate.version>2.6.0</dekorate.version>
         <maven-invoker.version>3.0.1</maven-invoker.version>
         <awaitility.version>4.1.1</awaitility.version>