diff --git a/go.mod b/go.mod
index a37c75c..f02d9de 100644
--- a/go.mod
+++ b/go.mod
@@ -3,7 +3,7 @@ module github.com/sumup/typeid
 go 1.20
 
 require (
-	github.com/gofrs/uuid/v5 v5.2.0
+	github.com/gofrs/uuid/v5 v5.3.0
 	github.com/jackc/pgx/v5 v5.6.0
 )
 
diff --git a/go.sum b/go.sum
index 0a3f9d2..27bd65a 100644
--- a/go.sum
+++ b/go.sum
@@ -1,6 +1,6 @@
 github.com/davecgh/go-spew v1.1.1 h1:vj9j/u1bqnvCEfJOwUhtlOARqs3+rkHYY13jYWTU97c=
-github.com/gofrs/uuid/v5 v5.2.0 h1:qw1GMx6/y8vhVsx626ImfKMuS5CvJmhIKKtuyvfajMM=
-github.com/gofrs/uuid/v5 v5.2.0/go.mod h1:CDOjlDMVAtN56jqyRUZh58JT31Tiw7/oQyEXZV+9bD8=
+github.com/gofrs/uuid/v5 v5.3.0 h1:m0mUMr+oVYUdxpMLgSYCZiXe7PuVPnI94+OMeVBNedk=
+github.com/gofrs/uuid/v5 v5.3.0/go.mod h1:CDOjlDMVAtN56jqyRUZh58JT31Tiw7/oQyEXZV+9bD8=
 github.com/jackc/pgpassfile v1.0.0 h1:/6Hmqy13Ss2zCq62VdNG8tM1wchn8zjSGOBJ6icpsIM=
 github.com/jackc/pgservicefile v0.0.0-20221227161230-091c0ba34f0a h1:bbPeKD0xmW/Y25WS6cokEszi5g+S0QxI/d45PkRi7Nk=
 github.com/jackc/pgx/v5 v5.6.0 h1:SWJzexBzPL5jb0GEsrPMLIsi/3jOo7RHlzTjcAeDrPY=