diff --git a/Cargo.lock b/Cargo.lock
index 00762bcea58..d4e0bf7f795 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1876,7 +1876,7 @@ version = "0.35.0"
 dependencies = [
  "anyhow",
  "heck 0.5.0",
- "protobuf 3.5.0",
+ "protobuf 3.7.1",
  "protobuf-parse",
 ]
 
@@ -3866,9 +3866,9 @@ checksum = "106dd99e98437432fed6519dedecfade6a06a73bb7b2a1e019fdd2bee5778d94"
 
 [[package]]
 name = "protobuf"
-version = "3.5.0"
+version = "3.7.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "df67496db1a89596beaced1579212e9b7c53c22dca1d9745de00ead76573d514"
+checksum = "a3a7c64d9bf75b1b8d981124c14c179074e8caa7dfe7b6a12e6222ddcd0c8f72"
 dependencies = [
  "once_cell",
  "protobuf-support",
@@ -3877,14 +3877,14 @@ dependencies = [
 
 [[package]]
 name = "protobuf-parse"
-version = "3.5.0"
+version = "3.7.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "1a16027030d4ec33e423385f73bb559821827e9ec18c50e7874e4d6de5a4e96f"
+checksum = "322330e133eab455718444b4e033ebfac7c6528972c784fcde28d2cc783c6257"
 dependencies = [
  "anyhow",
  "indexmap 2.2.6",
  "log",
- "protobuf 3.5.0",
+ "protobuf 3.7.1",
  "protobuf-support",
  "tempfile",
  "thiserror",
@@ -3893,9 +3893,9 @@ dependencies = [
 
 [[package]]
 name = "protobuf-support"
-version = "3.5.0"
+version = "3.7.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "70e2d30ab1878b2e72d1e2fc23ff5517799c9929e2cf81a8516f9f4dcf2b9cf3"
+checksum = "b088fd20b938a875ea00843b6faf48579462630015c3788d397ad6a786663252"
 dependencies = [
  "thiserror",
 ]
diff --git a/chain/common/Cargo.toml b/chain/common/Cargo.toml
index 2715c18a845..6c1cfd9dc03 100644
--- a/chain/common/Cargo.toml
+++ b/chain/common/Cargo.toml
@@ -7,6 +7,6 @@ edition.workspace = true
 
 [dependencies]
 protobuf = "3.0.2"
-protobuf-parse = "3.5.0"
+protobuf-parse = "3.7.1"
 anyhow = "1"
 heck = "0.5"