diff --git a/dependencies/pom.xml b/dependencies/pom.xml
index 5f15a1ecd6a..20071cf0bb8 100644
--- a/dependencies/pom.xml
+++ b/dependencies/pom.xml
@@ -142,7 +142,7 @@
         <version.lib.prometheus>0.9.0</version.lib.prometheus>
         <version.lib.slf4j>1.7.32</version.lib.slf4j>
         <version.lib.smallrye-openapi>2.1.16</version.lib.smallrye-openapi>
-        <version.lib.snakeyaml>1.30</version.lib.snakeyaml>
+        <version.lib.snakeyaml>1.31</version.lib.snakeyaml>
         <version.lib.typesafe-config>1.4.2</version.lib.typesafe-config>
         <version.lib.tyrus>2.0.4</version.lib.tyrus>
         <version.lib.weld-api>4.0.SP1</version.lib.weld-api>
diff --git a/etc/HELIDON_THIRD_PARTY_LICENSES.xml b/etc/HELIDON_THIRD_PARTY_LICENSES.xml
index 4cce61dbae8..d6232245938 100644
--- a/etc/HELIDON_THIRD_PARTY_LICENSES.xml
+++ b/etc/HELIDON_THIRD_PARTY_LICENSES.xml
@@ -3203,9 +3203,9 @@ The Apache Software Foundation (http://www.apache.org/).
 </attribution>
         </dependency>
         <dependency>
-            <id>122084</id>
+            <id>129548</id>
             <name>SnakeYAML</name>
-            <version>1.30</version>
+            <version>1.31</version>
             <licensor>SnakeYAML.org</licensor>
             <licenseName>Apache 2.0</licenseName>
             <consumers>