diff --git a/rust/Cargo.lock b/rust/Cargo.lock
index fd08c0f6f..7803493c5 100644
--- a/rust/Cargo.lock
+++ b/rust/Cargo.lock
@@ -3172,18 +3172,18 @@ dependencies = [
 
 [[package]]
 name = "thiserror"
-version = "1.0.44"
+version = "1.0.47"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "611040a08a0439f8248d1990b111c95baa9c704c805fa1f62104b39655fd7f90"
+checksum = "97a802ec30afc17eee47b2855fc72e0c4cd62be9b4efe6591edde0ec5bd68d8f"
 dependencies = [
  "thiserror-impl",
 ]
 
 [[package]]
 name = "thiserror-impl"
-version = "1.0.44"
+version = "1.0.47"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "090198534930841fab3a5d1bb637cde49e339654e606195f8d9c76eeb081dc96"
+checksum = "6bb623b56e39ab7dcd4b1b98bb6c8f8d907ed255b18de254088016b27a8ee19b"
 dependencies = [
  "proc-macro2",
  "quote",
diff --git a/rust/phoenix-channel/Cargo.toml b/rust/phoenix-channel/Cargo.toml
index 15455fc1a..8bbae7333 100644
--- a/rust/phoenix-channel/Cargo.toml
+++ b/rust/phoenix-channel/Cargo.toml
@@ -14,5 +14,5 @@ tracing = "0.1.37"
 rand_core = "0.6.4"
 url = "2.4.0"
 serde_json = "1.0.104"
-thiserror = "1.0.40"
+thiserror = "1.0.47"
 tokio = { version = "1.28.2", features = ["net", "time"] }