diff --git a/Cargo.lock b/Cargo.lock
index 5daaf1f0269feb..456271772b4924 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -7558,9 +7558,9 @@ checksum = "388a1df253eca08550bef6c72392cfe7c30914bf41df5269b68cbd6ff8f570a3"
 
 [[package]]
 name = "serde"
-version = "1.0.185"
+version = "1.0.186"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "be9b6f69f1dfd54c3b568ffa45c310d6973a5e5148fd40cf515acaf38cf5bc31"
+checksum = "9f5db24220c009de9bd45e69fb2938f4b6d2df856aa9304ce377b3180f83b7c1"
 dependencies = [
  "serde_derive",
 ]
@@ -7606,9 +7606,9 @@ dependencies = [
 
 [[package]]
 name = "serde_derive"
-version = "1.0.185"
+version = "1.0.186"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "dc59dfdcbad1437773485e0367fea4b090a2e0a16d9ffc46af47764536a298ec"
+checksum = "5ad697f7e0b65af4983a4ce8f56ed5b357e8d3c36651bf6a7e13639c17b8e670"
 dependencies = [
  "proc-macro2 1.0.66",
  "quote 1.0.33",
diff --git a/Cargo.toml b/Cargo.toml
index 7aa6d1c9789912..37f04d25b3945c 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -201,7 +201,7 @@ opendal = {version = "0.38", default-features = false, features = ["native-tls",
 tower = { version = "0.4.13", default-features = false, features = ["buffer", "limit", "retry", "timeout", "util", "balance", "discover"] }
 tower-http = { version = "0.4.3", default-features = false, features = ["decompression-gzip"]}
 # Serde
-serde = { version = "1.0.185", default-features = false, features = ["derive"] }
+serde = { version = "1.0.186", default-features = false, features = ["derive"] }
 serde-toml-merge = { version = "0.3.0", default-features = false }
 serde_bytes = { version = "0.11.12", default-features = false, features = ["std"], optional = true }
 serde_json = { version = "1.0.105", default-features = false, features = ["raw_value"] }
diff --git a/lib/vector-api-client/Cargo.toml b/lib/vector-api-client/Cargo.toml
index dce8fef8310655..ffd60f78a6b7a2 100644
--- a/lib/vector-api-client/Cargo.toml
+++ b/lib/vector-api-client/Cargo.toml
@@ -9,7 +9,7 @@ license = "MPL-2.0"
 [dependencies]
 
 # Serde
-serde = { version = "1.0.185", default-features = false, features = ["derive"] }
+serde = { version = "1.0.186", default-features = false, features = ["derive"] }
 serde_json = { version = "1.0.105", default-features = false, features = ["raw_value"] }
 
 # Error handling
diff --git a/lib/vector-buffers/Cargo.toml b/lib/vector-buffers/Cargo.toml
index d7553e45458369..8601b467f32a89 100644
--- a/lib/vector-buffers/Cargo.toml
+++ b/lib/vector-buffers/Cargo.toml
@@ -21,7 +21,7 @@ metrics = "0.21.1"
 num-traits = { version = "0.2.16", default-features = false }
 pin-project.workspace = true
 rkyv = { version = "0.7.40", default-features = false, features = ["size_32", "std", "strict", "validation"] }
-serde = { version = "1.0.185", default-features = false, features = ["derive"] }
+serde = { version = "1.0.186", default-features = false, features = ["derive"] }
 snafu = { version = "0.7.5", default-features = false, features = ["std"] }
 tokio-util = { version = "0.7.0", default-features = false }
 tokio = { version = "1.32.0", default-features = false, features = ["rt", "macros", "rt-multi-thread", "sync", "fs", "io-util", "time"] }
diff --git a/lib/vector-common/Cargo.toml b/lib/vector-common/Cargo.toml
index d73f74e9532ac7..a355b89ccfc7cb 100644
--- a/lib/vector-common/Cargo.toml
+++ b/lib/vector-common/Cargo.toml
@@ -56,7 +56,7 @@ paste = "1.0.14"
 pin-project.workspace = true
 ryu = { version = "1", default-features = false }
 serde_json = { version = "1.0.105", default-features = false, features = ["std", "raw_value"] }
-serde = { version = "1.0.185", optional = true, features = ["derive"] }
+serde = { version = "1.0.186", optional = true, features = ["derive"] }
 smallvec = { version = "1", default-features = false }
 snafu = { version = "0.7", optional = true }
 stream-cancel = { version = "0.8.1", default-features = false }
diff --git a/lib/vector-config-macros/Cargo.toml b/lib/vector-config-macros/Cargo.toml
index 1caeb8f07aa822..2f49f041b95ace 100644
--- a/lib/vector-config-macros/Cargo.toml
+++ b/lib/vector-config-macros/Cargo.toml
@@ -16,5 +16,5 @@ syn = { version = "2.0", default-features = false, features = ["full", "extra-tr
 vector-config-common = { path = "../vector-config-common" }
 
 [dev-dependencies]
-serde = { version = "1.0.185", default-features = false }
+serde = { version = "1.0.186", default-features = false }
 vector-config = { path = "../vector-config" }
diff --git a/lib/vector-core/Cargo.toml b/lib/vector-core/Cargo.toml
index 1abd475c0b85bc..45694bed797dac 100644
--- a/lib/vector-core/Cargo.toml
+++ b/lib/vector-core/Cargo.toml
@@ -41,7 +41,7 @@ prost = { version = "0.11", default-features = false, features = ["std"] }
 quanta = { version = "0.11.1", default-features = false }
 regex = { version = "1.9.3", default-features = false, features = ["std", "perf"] }
 ryu = { version = "1", default-features = false }
-serde = { version = "1.0.185", default-features = false, features = ["derive", "rc"] }
+serde = { version = "1.0.186", default-features = false, features = ["derive", "rc"] }
 serde_json = { version = "1.0.105", default-features = false }
 serde_with = { version = "3.3.0", default-features = false, features = ["std", "macros"] }
 smallvec = { version = "1", default-features = false, features = ["serde", "const_generics"] }
diff --git a/lib/vector-lookup/Cargo.toml b/lib/vector-lookup/Cargo.toml
index bddfafc49e62f1..153d9df4899464 100644
--- a/lib/vector-lookup/Cargo.toml
+++ b/lib/vector-lookup/Cargo.toml
@@ -7,7 +7,7 @@ publish = false
 license = "MPL-2.0"
 
 [dependencies]
-serde = { version = "1.0.185", default-features = false, features = ["derive", "alloc"] }
+serde = { version = "1.0.186", default-features = false, features = ["derive", "alloc"] }
 vector-config = { path = "../vector-config" }
 vector-config-macros = { path = "../vector-config-macros" }
 vrl.workspace = true