diff --git a/dependencyManagement/build.gradle.kts b/dependencyManagement/build.gradle.kts
index 1547f5f96f7..caeefd2c4e1 100644
--- a/dependencyManagement/build.gradle.kts
+++ b/dependencyManagement/build.gradle.kts
@@ -14,7 +14,7 @@ rootProject.extra["versions"] = dependencyVersions
 val DEPENDENCY_BOMS = listOf(
   "com.fasterxml.jackson:jackson-bom:2.14.2",
   "com.google.guava:guava-bom:31.1-jre",
-  "com.google.protobuf:protobuf-bom:3.21.12",
+  "com.google.protobuf:protobuf-bom:3.23.1",
   "com.linecorp.armeria:armeria-bom:1.22.1",
   "com.squareup.okhttp3:okhttp-bom:4.10.0",
   "com.squareup.okio:okio-bom:3.3.0", // applies to transitive dependencies of okhttp