diff --git a/CHANGES.rst b/CHANGES.rst
index 96e67009b..b348506d0 100644
--- a/CHANGES.rst
+++ b/CHANGES.rst
@@ -3,7 +3,10 @@
 Version 2.3.8
 -------------
 
-Unreleased
+Released 2023-11-08
+
+-   Fix slow multipart parsing for large parts potentially enabling DoS
+    attacks. :cwe:`CWE-407`
 
 
 Version 2.3.7
diff --git a/src/werkzeug/__init__.py b/src/werkzeug/__init__.py
index f6b9f5786..0a472ae7d 100644
--- a/src/werkzeug/__init__.py
+++ b/src/werkzeug/__init__.py
@@ -3,4 +3,4 @@
 from .wrappers import Request as Request
 from .wrappers import Response as Response
 
-__version__ = "2.3.7.dev"
+__version__ = "2.3.8"