diff --git a/Cargo.lock b/Cargo.lock
index 2a7a8c5550..d0f640bcdc 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -8350,18 +8350,18 @@ checksum = "222a222a5bfe1bba4a77b45ec488a741b3cb8872e5e499451fd7d0129c9c7c3d"
 
 [[package]]
 name = "thiserror"
-version = "1.0.56"
+version = "1.0.62"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "d54378c645627613241d077a3a79db965db602882668f9136ac42af9ecb730ad"
+checksum = "f2675633b1499176c2dff06b0856a27976a8f9d436737b4cf4f312d4d91d8bbb"
 dependencies = [
  "thiserror-impl",
 ]
 
 [[package]]
 name = "thiserror-impl"
-version = "1.0.56"
+version = "1.0.62"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "fa0faa943b50f3db30a20aa7e265dbc66076993efed8463e8de414e5d06d3471"
+checksum = "d20468752b09f49e909e55a5d338caa8bedf615594e9d80bc4c565d30faf798c"
 dependencies = [
  "proc-macro2",
  "quote",
diff --git a/Cargo.toml b/Cargo.toml
index 2634b6fc78..cfd41f182d 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -410,7 +410,7 @@ tar = "0.4.40"
 tarpc = "0.29.0"
 tempfile = "3.9.0"
 test-case = "3.3.1"
-thiserror = "1.0.56"
+thiserror = "1.0.62"
 tiny-bip39 = "0.8.2"
 # Update solana-tokio patch below when updating this version
 tokio = "1.29.1"