diff --git a/lang/rust/Cargo.lock b/lang/rust/Cargo.lock
index 46d8a9ffc43..fe01b4e9ce5 100644
--- a/lang/rust/Cargo.lock
+++ b/lang/rust/Cargo.lock
@@ -1168,18 +1168,18 @@ checksum = "92d43fe69e652f3df9bdc2b85b2854a0825b86e4fb76bc44d945137d053639ca"
 
 [[package]]
 name = "serde"
-version = "1.0.202"
+version = "1.0.203"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "226b61a0d411b2ba5ff6d7f73a476ac4f8bb900373459cd00fab8512828ba395"
+checksum = "7253ab4de971e72fb7be983802300c30b5a7f0c2e56fab8abfc6a214307c0094"
 dependencies = [
  "serde_derive",
 ]
 
 [[package]]
 name = "serde_derive"
-version = "1.0.202"
+version = "1.0.203"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "6048858004bcff69094cd972ed40a32500f153bd3be9f716b2eed2e8217c4838"
+checksum = "500cbc0ebeb6f46627f50f3f5811ccf6bf00643be300b4c3eabc0ef55dc5b5ba"
 dependencies = [
  "proc-macro2",
  "quote",
diff --git a/lang/rust/Cargo.toml b/lang/rust/Cargo.toml
index e23376c2258..1436e1ba9b1 100644
--- a/lang/rust/Cargo.toml
+++ b/lang/rust/Cargo.toml
@@ -42,7 +42,7 @@ documentation = "https://docs.rs/apache-avro"
 # dependencies used by more than one members
 [workspace.dependencies]
 log = { default-features = false, version = "0.4.21" }
-serde = { default-features = false, version = "1.0.202", features = ["derive"] }
+serde = { default-features = false, version = "1.0.203", features = ["derive"] }
 serde_json = { default-features = false, version = "1.0.117", features = ["std"] }
 
 [profile.release.package.hello-wasm]
diff --git a/lang/rust/avro_derive/Cargo.toml b/lang/rust/avro_derive/Cargo.toml
index 5863e40f8b4..a6df55b5b43 100644
--- a/lang/rust/avro_derive/Cargo.toml
+++ b/lang/rust/avro_derive/Cargo.toml
@@ -42,7 +42,7 @@ syn = { default-features = false, version = "2.0.66", features = ["full", "fold"
 [dev-dependencies]
 apache-avro = { default-features = false, path = "../avro", features = ["derive"] }
 proptest = { default-features = false, version = "1.4.0", features = ["std"] }
-serde = { default-features = false, version = "1.0.202", features = ["derive"] }
+serde = { default-features = false, version = "1.0.203", features = ["derive"] }
 
 
 [package.metadata.docs.rs]
diff --git a/lang/rust/wasm-demo/Cargo.toml b/lang/rust/wasm-demo/Cargo.toml
index 7cd7201e18e..43fb40c4d57 100644
--- a/lang/rust/wasm-demo/Cargo.toml
+++ b/lang/rust/wasm-demo/Cargo.toml
@@ -36,7 +36,7 @@ crate-type = ["cdylib", "rlib"]
 
 [dependencies]
 apache-avro = { path = "../avro" }
-serde = { default-features = false, version = "1.0.202", features = ["derive"] }
+serde = { default-features = false, version = "1.0.203", features = ["derive"] }
 wasm-bindgen = "0.2.92"
 
 [dev-dependencies]