diff --git a/CHANGELOG.md b/CHANGELOG.md
index d3dfe121a8522..4dafe5c55ed47 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -77,6 +77,7 @@ The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 
 ### Dependencies
 - Bump `org.apache.logging.log4j:log4j-core` from 2.17.1 to 2.20.0 ([#8307](https://github.com/opensearch-project/OpenSearch/pull/8307))
+- Bump `io.grpc:grpc-context` from 1.46.0 to 1.56.1 ([#8726](https://github.com/opensearch-project/OpenSearch/pull/8726))
 
 ### Changed
 - Perform aggregation postCollection in ContextIndexSearcher after searching leaves ([#8303](https://github.com/opensearch-project/OpenSearch/pull/8303))
diff --git a/plugins/repository-gcs/build.gradle b/plugins/repository-gcs/build.gradle
index 9bf1e8ac856b1..1e8e358833cc9 100644
--- a/plugins/repository-gcs/build.gradle
+++ b/plugins/repository-gcs/build.gradle
@@ -86,7 +86,7 @@ dependencies {
   api "org.apache.logging.log4j:log4j-1.2-api:${versions.log4j}"
   api "commons-codec:commons-codec:${versions.commonscodec}"
   api 'org.threeten:threetenbp:1.4.4'
-  api 'io.grpc:grpc-context:1.46.0'
+  api 'io.grpc:grpc-context:1.56.1'
   api 'io.opencensus:opencensus-api:0.31.1'
   api 'io.opencensus:opencensus-contrib-http-util:0.31.1'
 
diff --git a/plugins/repository-gcs/licenses/grpc-context-1.46.0.jar.sha1 b/plugins/repository-gcs/licenses/grpc-context-1.46.0.jar.sha1
deleted file mode 100644
index e4d4c881492a2..0000000000000
--- a/plugins/repository-gcs/licenses/grpc-context-1.46.0.jar.sha1
+++ /dev/null
@@ -1 +0,0 @@
-621d765a459758cdcd9aa4b4795392a4353e3576
\ No newline at end of file
diff --git a/plugins/repository-gcs/licenses/grpc-context-1.56.1.jar.sha1 b/plugins/repository-gcs/licenses/grpc-context-1.56.1.jar.sha1
new file mode 100644
index 0000000000000..dbc1ea470dadd
--- /dev/null
+++ b/plugins/repository-gcs/licenses/grpc-context-1.56.1.jar.sha1
@@ -0,0 +1 @@
+3681b1caf41af1da0c4a3ffec47ab4a3d907c190
\ No newline at end of file