diff --git a/LICENSE-binary b/LICENSE-binary
index f669a86fed094..db82b0b7b6b8c 100644
--- a/LICENSE-binary
+++ b/LICENSE-binary
@@ -216,16 +216,16 @@ commons-lang3-3.8.1
 commons-logging-1.2
 commons-validator-1.7
 error_prone_annotations-2.10.0
-jackson-annotations-2.13.5
-jackson-core-2.13.5
-jackson-databind-2.13.5
-jackson-dataformat-csv-2.13.5
-jackson-datatype-jdk8-2.13.5
-jackson-jaxrs-base-2.13.5
-jackson-jaxrs-json-provider-2.13.5
-jackson-module-jaxb-annotations-2.13.5
-jackson-module-scala_2.13-2.13.5
-jackson-module-scala_2.12-2.13.5
+jackson-annotations-2.16.0
+jackson-core-2.16.0
+jackson-databind-2.16.0
+jackson-dataformat-csv-2.16.0
+jackson-datatype-jdk8-2.16.0
+jackson-jaxrs-base-2.16.0
+jackson-jaxrs-json-provider-2.16.0
+jackson-module-jaxb-annotations-2.16.0
+jackson-module-scala_2.13-2.16.0
+jackson-module-scala_2.12-2.16.0
 jakarta.validation-api-2.0.2
 javassist-3.29.2-GA
 jetty-client-9.4.53.v20231009
diff --git a/connect/json/src/main/java/org/apache/kafka/connect/json/JsonConverter.java b/connect/json/src/main/java/org/apache/kafka/connect/json/JsonConverter.java
index 105a805b49c3f..f9a00ce925772 100644
--- a/connect/json/src/main/java/org/apache/kafka/connect/json/JsonConverter.java
+++ b/connect/json/src/main/java/org/apache/kafka/connect/json/JsonConverter.java
@@ -143,7 +143,7 @@ public class JsonConverter implements Converter, HeaderConverter, Versioned {
     // names specified in the field
     private static final HashMap<String, LogicalTypeConverter> LOGICAL_CONVERTERS = new HashMap<>();
 
-    private static final JsonNodeFactory JSON_NODE_FACTORY = JsonNodeFactory.withExactBigDecimals(true);
+    private static final JsonNodeFactory JSON_NODE_FACTORY = new JsonNodeFactory(true);
 
     static {
         LOGICAL_CONVERTERS.put(Decimal.LOGICAL_NAME, new LogicalTypeConverter() {
diff --git a/connect/json/src/main/java/org/apache/kafka/connect/json/JsonDeserializer.java b/connect/json/src/main/java/org/apache/kafka/connect/json/JsonDeserializer.java
index 90f81f1523791..66b9a27263040 100644
--- a/connect/json/src/main/java/org/apache/kafka/connect/json/JsonDeserializer.java
+++ b/connect/json/src/main/java/org/apache/kafka/connect/json/JsonDeserializer.java
@@ -38,7 +38,7 @@ public class JsonDeserializer implements Deserializer<JsonNode> {
      * Default constructor needed by Kafka
      */
     public JsonDeserializer() {
-        this(Collections.emptySet(), JsonNodeFactory.withExactBigDecimals(true));
+        this(Collections.emptySet(), new JsonNodeFactory(true));
     }
 
     /**
diff --git a/connect/json/src/main/java/org/apache/kafka/connect/json/JsonSerializer.java b/connect/json/src/main/java/org/apache/kafka/connect/json/JsonSerializer.java
index a2ef4970a4e7f..cd49d19661986 100644
--- a/connect/json/src/main/java/org/apache/kafka/connect/json/JsonSerializer.java
+++ b/connect/json/src/main/java/org/apache/kafka/connect/json/JsonSerializer.java
@@ -37,7 +37,7 @@ public class JsonSerializer implements Serializer<JsonNode> {
      * Default constructor needed by Kafka
      */
     public JsonSerializer() {
-        this(Collections.emptySet(), JsonNodeFactory.withExactBigDecimals(true));
+        this(Collections.emptySet(), new JsonNodeFactory(true));
     }
 
     /**
diff --git a/connect/json/src/test/java/org/apache/kafka/connect/json/JsonConverterTest.java b/connect/json/src/test/java/org/apache/kafka/connect/json/JsonConverterTest.java
index f6e9341e23162..e6a356e761347 100644
--- a/connect/json/src/test/java/org/apache/kafka/connect/json/JsonConverterTest.java
+++ b/connect/json/src/test/java/org/apache/kafka/connect/json/JsonConverterTest.java
@@ -49,6 +49,7 @@
 import java.util.HashMap;
 import java.util.HashSet;
 import java.util.Map;
+import java.util.Objects;
 import java.util.Set;
 import java.util.TimeZone;
 
@@ -65,7 +66,7 @@ public class JsonConverterTest {
 
     private final ObjectMapper objectMapper = new ObjectMapper()
         .enable(DeserializationFeature.USE_BIG_DECIMAL_FOR_FLOATS)
-        .setNodeFactory(JsonNodeFactory.withExactBigDecimals(true));
+        .setNodeFactory(new JsonNodeFactory(true));
 
     private final JsonConverter converter = new JsonConverter();
 
@@ -869,7 +870,7 @@ public void testCacheSchemaToJsonConversion() {
 
     @Test
     public void testJsonSchemaCacheSizeFromConfigFile() throws URISyntaxException, IOException {
-        URL url = getClass().getResource("/connect-test.properties");
+        URL url = Objects.requireNonNull(getClass().getResource("/connect-test.properties"));
         File propFile = new File(url.toURI());
         String workerPropsFile = propFile.getAbsolutePath();
         Map<String, String> workerProps = !workerPropsFile.isEmpty() ?
diff --git a/gradle/dependencies.gradle b/gradle/dependencies.gradle
index c3d3b8444e75e..8445ec062fbcb 100644
--- a/gradle/dependencies.gradle
+++ b/gradle/dependencies.gradle
@@ -103,8 +103,7 @@ versions += [
   gradle: "8.5",
   grgit: "4.1.1",
   httpclient: "4.5.14",
-  jackson: "2.13.5",
-  jacksonDatabind: "2.13.5",
+  jackson: "2.16.0",
   jacoco: "0.8.10",
   javassist: "3.29.2-GA",
   jetty: "9.4.53.v20231009",
@@ -186,7 +185,7 @@ libs += [
   commonsValidator: "commons-validator:commons-validator:$versions.commonsValidator",
   easymock: "org.easymock:easymock:$easymockVersion",
   jacksonAnnotations: "com.fasterxml.jackson.core:jackson-annotations:$versions.jackson",
-  jacksonDatabind: "com.fasterxml.jackson.core:jackson-databind:$versions.jacksonDatabind",
+  jacksonDatabind: "com.fasterxml.jackson.core:jackson-databind:$versions.jackson",
   jacksonDataformatCsv: "com.fasterxml.jackson.dataformat:jackson-dataformat-csv:$versions.jackson",
   jacksonModuleScala: "com.fasterxml.jackson.module:jackson-module-scala_$versions.baseScala:$versions.jackson",
   jacksonJDK8Datatypes: "com.fasterxml.jackson.datatype:jackson-datatype-jdk8:$versions.jackson",