diff --git a/Cargo.lock b/Cargo.lock
index be8f16d15ba..9a619346a01 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -7614,18 +7614,18 @@ checksum = "222a222a5bfe1bba4a77b45ec488a741b3cb8872e5e499451fd7d0129c9c7c3d"
 
 [[package]]
 name = "thiserror"
-version = "1.0.47"
+version = "1.0.48"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "97a802ec30afc17eee47b2855fc72e0c4cd62be9b4efe6591edde0ec5bd68d8f"
+checksum = "9d6d7a740b8a666a7e828dd00da9c0dc290dff53154ea77ac109281de90589b7"
 dependencies = [
  "thiserror-impl",
 ]
 
 [[package]]
 name = "thiserror-impl"
-version = "1.0.47"
+version = "1.0.48"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "6bb623b56e39ab7dcd4b1b98bb6c8f8d907ed255b18de254088016b27a8ee19b"
+checksum = "49922ecae66cc8a249b77e68d1d0623c1b2c514f0060c27cdc68bd62a1219d35"
 dependencies = [
  "proc-macro2 1.0.63",
  "quote 1.0.29",
diff --git a/libraries/concurrent-merkle-tree/Cargo.toml b/libraries/concurrent-merkle-tree/Cargo.toml
index b91ee5bff35..2efbc6763f7 100644
--- a/libraries/concurrent-merkle-tree/Cargo.toml
+++ b/libraries/concurrent-merkle-tree/Cargo.toml
@@ -14,7 +14,7 @@ sol-log = [ "log" ]
 [dependencies]
 solana-program = "1.16"
 bytemuck = "1.13"
-thiserror = "1.0.47"
+thiserror = "1.0.48"
 
 [dev-dependencies]
 rand_distr = "0.4.3"
diff --git a/libraries/merkle-tree-reference/Cargo.toml b/libraries/merkle-tree-reference/Cargo.toml
index 8dfc510f87a..983b6a3f686 100644
--- a/libraries/merkle-tree-reference/Cargo.toml
+++ b/libraries/merkle-tree-reference/Cargo.toml
@@ -9,7 +9,7 @@ edition = "2021"
 
 [dependencies]
 solana-program = "1.10.33"
-thiserror = "1.0.47"
+thiserror = "1.0.48"
 
 [lib]
 crate-type = ["cdylib", "lib"]
diff --git a/managed-token/program/Cargo.toml b/managed-token/program/Cargo.toml
index f3ce8b0d6a0..b30cea6de4d 100644
--- a/managed-token/program/Cargo.toml
+++ b/managed-token/program/Cargo.toml
@@ -27,7 +27,7 @@ shank = "^0.2.1"
 solana-program = "1.16.3"
 spl-associated-token-account = { version = "2.0", path = "../../associated-token-account/program", features = [ "no-entrypoint", ] }
 spl-token = { version = "4.0", path = "../../token/program", features = ["no-entrypoint"] }
-thiserror = "^1.0.47"
+thiserror = "^1.0.48"
 
 [dev-dependencies]
 solana-program-test = "1.16.3"
diff --git a/name-service/program/Cargo.toml b/name-service/program/Cargo.toml
index 3755ecf0515..a2053f01f37 100644
--- a/name-service/program/Cargo.toml
+++ b/name-service/program/Cargo.toml
@@ -21,7 +21,7 @@ solana-program = "1.16.3"
 num-traits = "0.2"
 borsh = "0.10"
 num-derive = "0.4.0"
-thiserror = "1.0.47"
+thiserror = "1.0.48"
 
 [dev-dependencies]
 solana-program-test = "1.16.3"