diff --git a/Cargo.lock b/Cargo.lock
index 11cd2ead..fd70757e 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -2522,9 +2522,9 @@ checksum = "836fa6a3e1e547f9a2c4040802ec865b5d85f4014efe00555d7090a3dcaa1090"
 
 [[package]]
 name = "serde"
-version = "1.0.195"
+version = "1.0.196"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "63261df402c67811e9ac6def069e4786148c4563f4b50fd4bf30aa370d626b02"
+checksum = "870026e60fa08c69f064aa766c10f10b1d62db9ccd4d0abb206472bee0ce3b32"
 dependencies = [
  "serde_derive",
 ]
@@ -2561,9 +2561,9 @@ checksum = "794e44574226fc701e3be5c651feb7939038fc67fb73f6f4dd5c4ba90fd3be70"
 
 [[package]]
 name = "serde_derive"
-version = "1.0.195"
+version = "1.0.196"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "46fe8f8603d81ba86327b23a2e9cdf49e1255fb94a4c5f297f6ee0547178ea2c"
+checksum = "33c85360c95e7d137454dc81d9a4ed2b8efd8fbe19cee57357b32b9771fccb67"
 dependencies = [
  "proc-macro2",
  "quote",
diff --git a/crates/connectors/ndc-postgres/Cargo.toml b/crates/connectors/ndc-postgres/Cargo.toml
index 25122075..0231c3e8 100644
--- a/crates/connectors/ndc-postgres/Cargo.toml
+++ b/crates/connectors/ndc-postgres/Cargo.toml
@@ -25,7 +25,7 @@ async-trait = "0.1.77"
 percent-encoding = "2.3.1"
 prometheus = "0.13.3"
 schemars = { version = "0.8.16", features = ["smol_str", "preserve_order"] }
-serde = "1.0.195"
+serde = "1.0.196"
 serde_json = { version = "1.0.111", features = ["raw_value"] }
 sqlx = { version = "0.7.3", features = [ "json", "postgres", "runtime-tokio-rustls" ] }
 thiserror = "1.0"
diff --git a/crates/query-engine/metadata/Cargo.toml b/crates/query-engine/metadata/Cargo.toml
index 7425622f..b7726c83 100644
--- a/crates/query-engine/metadata/Cargo.toml
+++ b/crates/query-engine/metadata/Cargo.toml
@@ -6,4 +6,4 @@ license = "Apache-2.0"
 
 [dependencies]
 schemars = { version = "0.8.16", features = ["smol_str"] }
-serde = { version = "1.0.195", features = ["derive"] }
+serde = { version = "1.0.196", features = ["derive"] }
diff --git a/crates/query-engine/sql/Cargo.toml b/crates/query-engine/sql/Cargo.toml
index 80c1945c..81e5a88a 100644
--- a/crates/query-engine/sql/Cargo.toml
+++ b/crates/query-engine/sql/Cargo.toml
@@ -6,5 +6,5 @@ license = "Apache-2.0"
 
 [dependencies]
 schemars = { version = "0.8.16", features = ["smol_str", "preserve_order"] }
-serde = "1.0.195"
+serde = "1.0.196"
 serde_json = "1.0.111"
diff --git a/crates/tests/tests-common/Cargo.toml b/crates/tests/tests-common/Cargo.toml
index a121e922..450c0df6 100644
--- a/crates/tests/tests-common/Cargo.toml
+++ b/crates/tests/tests-common/Cargo.toml
@@ -21,7 +21,7 @@ hyper = { version = "0.14.28", features = ["tcp"] }
 jsonschema = { version = "0.17.1", default-features = false, features = ["resolve-http"] }
 reqwest = "0.11.23"
 schemars = { version = "0.8.16", features = ["smol_str", "preserve_order"] }
-serde = "1.0.195"
+serde = "1.0.196"
 serde_derive = "^1.0"
 serde_json = { version = "1.0.111", features = ["raw_value"] }
 similar-asserts = "1.5.0"