diff --git a/tools/Az.Tools.Predictor/Az.Tools.Predictor.SourceGenerator/Az.Tools.Predictor.SourceGenerator.csproj b/tools/Az.Tools.Predictor/Az.Tools.Predictor.SourceGenerator/Az.Tools.Predictor.SourceGenerator.csproj
index afa959e37d1c..73692f06de4f 100644
--- a/tools/Az.Tools.Predictor/Az.Tools.Predictor.SourceGenerator/Az.Tools.Predictor.SourceGenerator.csproj
+++ b/tools/Az.Tools.Predictor/Az.Tools.Predictor.SourceGenerator/Az.Tools.Predictor.SourceGenerator.csproj
@@ -30,7 +30,7 @@
   <!-- The generator projects specific dependencies needs to be added to PackageReference and TargetPathWithTargetPlatformMonikor -->
 
   <ItemGroup>
-    <PackageReference Include="System.Text.Json" Version="6.0.0" GeneratePathProperty="true" PrivateAssets="all"/>
+    <PackageReference Include="System.Text.Json" Version="6.0.10" GeneratePathProperty="true" PrivateAssets="all"/>
   </ItemGroup>
 
   <PropertyGroup>
diff --git a/tools/Az.Tools.Predictor/Az.Tools.Predictor.Test/Az.Tools.Predictor.Test.csproj b/tools/Az.Tools.Predictor/Az.Tools.Predictor.Test/Az.Tools.Predictor.Test.csproj
index ca78895e9a63..9d35e7ffbb9a 100644
--- a/tools/Az.Tools.Predictor/Az.Tools.Predictor.Test/Az.Tools.Predictor.Test.csproj
+++ b/tools/Az.Tools.Predictor/Az.Tools.Predictor.Test/Az.Tools.Predictor.Test.csproj
@@ -28,7 +28,7 @@
       - But it's excluding content files to reduce the size of the module. The content files are not needed since they're in the runtime (PowerShell)
       - The content files are needed to set up the runspace to parse the command line. So we need to include them when we run the unit tests.
       -->
-    <PackageReference Include="Microsoft.PowerShell.SDK" Version="7.2.0" />
+    <PackageReference Include="Microsoft.PowerShell.SDK" Version="7.2.3" />
   </ItemGroup>
 
   <ItemGroup>
diff --git a/tools/Az.Tools.Predictor/Az.Tools.Predictor/Az.Tools.Predictor.csproj b/tools/Az.Tools.Predictor/Az.Tools.Predictor/Az.Tools.Predictor.csproj
index 3f3a01859c30..e3d474f3e001 100644
--- a/tools/Az.Tools.Predictor/Az.Tools.Predictor/Az.Tools.Predictor.csproj
+++ b/tools/Az.Tools.Predictor/Az.Tools.Predictor/Az.Tools.Predictor.csproj
@@ -23,10 +23,10 @@ For more information on Az Predictor, please visit the following: https://aka.ms
   <ItemGroup>
     <PackageReference Include="Microsoft.ApplicationInsights" Version="2.18.0" />
     <PackageReference Include="Microsoft.Azure.PowerShell.Common.Share" Version="1.3.62-preview" />
-    <PackageReference Include="Microsoft.PowerShell.SDK" Version="7.2.0">
+    <PackageReference Include="Microsoft.PowerShell.SDK" Version="7.2.3">
       <ExcludeAssets>contentFiles</ExcludeAssets>
     </PackageReference>
-    <PackageReference Include="System.Management.Automation" Version="7.2.0">
+    <PackageReference Include="System.Management.Automation" Version="7.2.3">
       <ExcludeAssets>contentFiles</ExcludeAssets>
     </PackageReference>
   </ItemGroup>
diff --git a/tools/Az.Tools.Predictor/Az.Tools.Predictor/ChangeLog.md b/tools/Az.Tools.Predictor/Az.Tools.Predictor/ChangeLog.md
index 3a19208c0acf..0519ba450c05 100644
--- a/tools/Az.Tools.Predictor/Az.Tools.Predictor/ChangeLog.md
+++ b/tools/Az.Tools.Predictor/Az.Tools.Predictor/ChangeLog.md
@@ -18,6 +18,7 @@
         - Additional information about change #1
 -->
 ## Upcoming Release
+* Updated dependencies to address security vulnerabilities
 
 ## Version 1.1.3
 * Updated data collection mechanism
diff --git a/tools/Az.Tools.Predictor/Directory.Build.props b/tools/Az.Tools.Predictor/Directory.Build.props
index e7f18581fabb..a42f08dcd43a 100644
--- a/tools/Az.Tools.Predictor/Directory.Build.props
+++ b/tools/Az.Tools.Predictor/Directory.Build.props
@@ -1,7 +1,7 @@
 <?xml version="1.0" encoding="utf-8"?>
 <Project>
   <PropertyGroup>
-    <TargetFramework>net6.0</TargetFramework>
+    <TargetFramework>net8.0</TargetFramework>
     <AppendTargetFrameworkToOutputPath>false</AppendTargetFrameworkToOutputPath>
     <TreatWarningsAsErrors>true</TreatWarningsAsErrors>
     <Version>1.1.3</Version>
@@ -13,6 +13,11 @@
     <LangVersion>Latest</LangVersion>
   </PropertyGroup>
 
+  <PropertyGroup>
+    <!-- https://learn.microsoft.com/en-us/dotnet/core/tools/sdk-errors/netsdk1206 -->
+    <UseRidGraph>true</UseRidGraph>
+  </PropertyGroup>
+
   <PropertyGroup Condition="'$(Configuration)|$(Platform)'=='Debug|AnyCPU'">
     <DefineConstants>DEBUG;TRACE</DefineConstants>
   </PropertyGroup>
diff --git a/tools/Az.Tools.Predictor/MockPSConsole/MockPSConsole.csproj b/tools/Az.Tools.Predictor/MockPSConsole/MockPSConsole.csproj
index 44496e2cdc2c..697217c30e30 100644
--- a/tools/Az.Tools.Predictor/MockPSConsole/MockPSConsole.csproj
+++ b/tools/Az.Tools.Predictor/MockPSConsole/MockPSConsole.csproj
@@ -8,8 +8,8 @@
   </PropertyGroup>
 
   <ItemGroup>
-    <PackageReference Include="Microsoft.PowerShell.SDK" Version="7.2.0" />
-    <PackageReference Include="System.Management.Automation" Version="7.2.0" />
+    <PackageReference Include="Microsoft.PowerShell.SDK" Version="7.2.3" />
+    <PackageReference Include="System.Management.Automation" Version="7.2.3" />
   </ItemGroup>
 
   <ItemGroup>
diff --git a/tools/Az.Tools.Predictor/build.proj b/tools/Az.Tools.Predictor/build.proj
index 59af401446de..c94b37d681e5 100644
--- a/tools/Az.Tools.Predictor/build.proj
+++ b/tools/Az.Tools.Predictor/build.proj
@@ -10,7 +10,7 @@
     <ModuleName>Az.Tools.Predictor</ModuleName>
     <ArtifactFolder>$(RepoArtifacts)Tools</ArtifactFolder>
     <ModuleSolutionFile>$(ModuleName).sln</ModuleSolutionFile>
-    <TestFramework>Net6.0</TestFramework>
+    <TestFramework>net8.0</TestFramework>
     <TestOutputDirectory>$(RepoArtifacts)/TestResults/$(ModuleName)</TestOutputDirectory>
   </PropertyGroup>