diff --git a/Cargo.lock b/Cargo.lock
index 1c18ef253d..18d073b846 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1956,9 +1956,9 @@ checksum = "b07f60793ff0a4d9cef0f18e63b5357e06209987153a64648c972c1e5aff336f"
 
 [[package]]
 name = "hkdf"
-version = "0.12.3"
+version = "0.12.4"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "791a029f6b9fc27657f6f188ec6e5e43f6911f6f878e0dc5501396e09809d437"
+checksum = "7b5f8eb2ad728638ea2c7d47a21db23b7b58a72ed6a38256b8a1849f15fbbdf7"
 dependencies = [
  "hmac 0.12.1",
 ]
diff --git a/account-keys/Cargo.toml b/account-keys/Cargo.toml
index 0f56e2f64f..d1fd66eaaf 100644
--- a/account-keys/Cargo.toml
+++ b/account-keys/Cargo.toml
@@ -19,7 +19,7 @@ curve25519-dalek = { version = "4.1.1", default-features = false }
 # External dependencies
 displaydoc = { version = "0.2", default-features = false }
 hex_fmt = "0.3"
-hkdf = "0.12.3"
+hkdf = "0.12.4"
 prost = { version = "0.12", optional = true, default-features = false, features = ["prost-derive"] }
 rand_core = { version = "0.6", default-features = false }
 serde = { version = "1.0", default-features = false }
diff --git a/consensus/enclave/trusted/Cargo.lock b/consensus/enclave/trusted/Cargo.lock
index 30d234199a..0eedcdac6d 100644
--- a/consensus/enclave/trusted/Cargo.lock
+++ b/consensus/enclave/trusted/Cargo.lock
@@ -741,9 +741,9 @@ checksum = "b07f60793ff0a4d9cef0f18e63b5357e06209987153a64648c972c1e5aff336f"
 
 [[package]]
 name = "hkdf"
-version = "0.12.3"
+version = "0.12.4"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "791a029f6b9fc27657f6f188ec6e5e43f6911f6f878e0dc5501396e09809d437"
+checksum = "7b5f8eb2ad728638ea2c7d47a21db23b7b58a72ed6a38256b8a1849f15fbbdf7"
 dependencies = [
  "hmac",
 ]
diff --git a/core/Cargo.toml b/core/Cargo.toml
index 64fa8409ee..5ed87bad15 100644
--- a/core/Cargo.toml
+++ b/core/Cargo.toml
@@ -19,7 +19,7 @@ default = ["bip39"]
 curve25519-dalek = { version = "4.1.1", default-features = false }
 ed25519-dalek = { version = "2.1.0", default-features = false }
 generic-array = { version = "0.14.7", default-features = false, features = [ "more_lengths" ] }
-hkdf = { version = "0.12.3" }
+hkdf = { version = "0.12.4" }
 serde = { version = "1.0", optional = true, default-features = false, features = [ "derive" ] }
 sha2 = { version = "0.10.8", default-features = false }
 slip10_ed25519 = { version = "0.1", optional = true }
diff --git a/crypto/box/Cargo.toml b/crypto/box/Cargo.toml
index 1fb6af116e..0c8a2fcd81 100644
--- a/crypto/box/Cargo.toml
+++ b/crypto/box/Cargo.toml
@@ -14,7 +14,7 @@ mc-crypto-keys = { path = "../keys", default-features = false }
 aead = { version = "0.5", default-features = false, features = ["alloc"] }
 digest = "0.10"
 displaydoc = { version = "0.2", default-features = false }
-hkdf = "0.12.3"
+hkdf = "0.12.4"
 mc-oblivious-aes-gcm = { version = "0.10.1", default-features = false, features = ["aes", "alloc", "zeroize"] }
 rand_core = { version = "0.6", default-features = false }
 
diff --git a/crypto/noise/Cargo.toml b/crypto/noise/Cargo.toml
index 332ba4a958..2517f075f5 100644
--- a/crypto/noise/Cargo.toml
+++ b/crypto/noise/Cargo.toml
@@ -15,7 +15,7 @@ aes-gcm = "0.10.3"
 digest = "0.10"
 displaydoc = { version = "0.2", default-features = false }
 generic-array = { version = "0.14", features = ["serde"] }
-hkdf = "0.12.3"
+hkdf = "0.12.4"
 rand_core = "0.6"
 secrecy = "0.8"
 serde = { version = "1.0", default-features = false, features = ["alloc", "derive"] }
diff --git a/fog/ingest/enclave/trusted/Cargo.lock b/fog/ingest/enclave/trusted/Cargo.lock
index 44a2125530..f09225e7d0 100644
--- a/fog/ingest/enclave/trusted/Cargo.lock
+++ b/fog/ingest/enclave/trusted/Cargo.lock
@@ -771,9 +771,9 @@ checksum = "b07f60793ff0a4d9cef0f18e63b5357e06209987153a64648c972c1e5aff336f"
 
 [[package]]
 name = "hkdf"
-version = "0.12.3"
+version = "0.12.4"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "791a029f6b9fc27657f6f188ec6e5e43f6911f6f878e0dc5501396e09809d437"
+checksum = "7b5f8eb2ad728638ea2c7d47a21db23b7b58a72ed6a38256b8a1849f15fbbdf7"
 dependencies = [
  "hmac",
 ]
diff --git a/fog/ledger/enclave/trusted/Cargo.lock b/fog/ledger/enclave/trusted/Cargo.lock
index 41f3fecd38..388c0a34af 100644
--- a/fog/ledger/enclave/trusted/Cargo.lock
+++ b/fog/ledger/enclave/trusted/Cargo.lock
@@ -765,9 +765,9 @@ checksum = "b07f60793ff0a4d9cef0f18e63b5357e06209987153a64648c972c1e5aff336f"
 
 [[package]]
 name = "hkdf"
-version = "0.12.3"
+version = "0.12.4"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "791a029f6b9fc27657f6f188ec6e5e43f6911f6f878e0dc5501396e09809d437"
+checksum = "7b5f8eb2ad728638ea2c7d47a21db23b7b58a72ed6a38256b8a1849f15fbbdf7"
 dependencies = [
  "hmac",
 ]
diff --git a/fog/view/enclave/trusted/Cargo.lock b/fog/view/enclave/trusted/Cargo.lock
index 55d5306976..4e40be2637 100644
--- a/fog/view/enclave/trusted/Cargo.lock
+++ b/fog/view/enclave/trusted/Cargo.lock
@@ -771,9 +771,9 @@ checksum = "b07f60793ff0a4d9cef0f18e63b5357e06209987153a64648c972c1e5aff336f"
 
 [[package]]
 name = "hkdf"
-version = "0.12.3"
+version = "0.12.4"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "791a029f6b9fc27657f6f188ec6e5e43f6911f6f878e0dc5501396e09809d437"
+checksum = "7b5f8eb2ad728638ea2c7d47a21db23b7b58a72ed6a38256b8a1849f15fbbdf7"
 dependencies = [
  "hmac",
 ]