diff --git a/Cargo.lock b/Cargo.lock
index 60563b4ca..308394319 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1961,19 +1961,20 @@ dependencies = [
 
 [[package]]
 name = "serde_with"
-version = "3.4.0"
+version = "3.6.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "64cd236ccc1b7a29e7e2739f27c0b2dd199804abc4290e32f59f3b68d6405c23"
+checksum = "15d167997bd841ec232f5b2b8e0e26606df2e7caa4c31b95ea9ca52b200bd270"
 dependencies = [
  "serde",
+ "serde_derive",
  "serde_with_macros",
 ]
 
 [[package]]
 name = "serde_with_macros"
-version = "3.4.0"
+version = "3.6.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "93634eb5f75a2323b16de4748022ac4297f9e76b6dced2be287a099f41b5e788"
+checksum = "865f9743393e638991566a8b7a479043c2c8da94a33e0a31f18214c9cae0a64d"
 dependencies = [
  "darling",
  "proc-macro2",
diff --git a/hypervisor/Cargo.toml b/hypervisor/Cargo.toml
index 8328f3ce1..8bf10cd9c 100644
--- a/hypervisor/Cargo.toml
+++ b/hypervisor/Cargo.toml
@@ -23,7 +23,7 @@ kvm-bindings = { git = "https://github.com/cloud-hypervisor/kvm-bindings", branc
 mshv-bindings = { git = "https://github.com/rust-vmm/mshv", branch = "main", features = ["with-serde", "fam-wrappers"], optional  = true }
 mshv-ioctls = { git = "https://github.com/rust-vmm/mshv", branch = "main", optional  = true}
 serde = { version = "1.0.196", features = ["rc", "derive"] }
-serde_with = { version = "3.4.0", default-features = false, features = ["macros"] }
+serde_with = { version = "3.6.1", default-features = false, features = ["macros"] }
 vfio-ioctls = { git = "https://github.com/rust-vmm/vfio", branch = "main", default-features = false }
 vm-memory = { version = "0.14.0", features = ["backend-mmap", "backend-atomic"] }
 vmm-sys-util = { version = "0.12.1", features = ["with-serde"] }