diff --git a/Cargo.lock b/Cargo.lock
index 599ea1120..15233924c 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -880,9 +880,9 @@ dependencies = [
 
 [[package]]
 name = "serde"
-version = "1.0.126"
+version = "1.0.127"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "ec7505abeacaec74ae4778d9d9328fe5a5d04253220a85c4ee022239fc996d03"
+checksum = "f03b9878abf6d14e6779d3f24f07b2cfa90352cfec4acc5aab8f1ac7f146fae8"
 
 [[package]]
 name = "serde_derive"
diff --git a/net_util/Cargo.toml b/net_util/Cargo.toml
index 57f862e37..0251573b1 100644
--- a/net_util/Cargo.toml
+++ b/net_util/Cargo.toml
@@ -10,7 +10,7 @@ libc = "0.2.98"
 log = "0.4.14"
 net_gen = { path = "../net_gen" }
 rate_limiter = { path = "../rate_limiter" }
-serde = "1.0.126"
+serde = "1.0.127"
 versionize = "0.1.6"
 versionize_derive = "0.1.4"
 virtio-bindings = "0.1.0"