diff --git a/Cargo.lock b/Cargo.lock
index b36ee7b36..6b720db88 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -3353,18 +3353,18 @@ checksum = "388a1df253eca08550bef6c72392cfe7c30914bf41df5269b68cbd6ff8f570a3"
 
 [[package]]
 name = "serde"
-version = "1.0.123"
+version = "1.0.124"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "92d5161132722baa40d802cc70b15262b98258453e85e5d1d365c757c73869ae"
+checksum = "bd761ff957cb2a45fbb9ab3da6512de9de55872866160b23c25f1a841e99d29f"
 dependencies = [
  "serde_derive",
 ]
 
 [[package]]
 name = "serde_derive"
-version = "1.0.123"
+version = "1.0.124"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "9391c295d64fc0abb2c556bad848f33cb8296276b1ad2677d1ae1ace4f258f31"
+checksum = "1800f7693e94e186f5e25a28291ae1570da908aff7d97a095dec1e56ff99069b"
 dependencies = [
  "proc-macro2",
  "quote",
diff --git a/core/Cargo.toml b/core/Cargo.toml
index 2b652f12b..52910e375 100644
--- a/core/Cargo.toml
+++ b/core/Cargo.toml
@@ -35,7 +35,7 @@ num-traits = "0.2"
 instant = "0.1"
 encoding_rs = "0.8.28"
 rand = { version = "0.8.3", features = ["std", "small_rng"], default-features = false }
-serde = { version = "1.0.123", features = ["derive"], optional = true }
+serde = { version = "1.0.124", features = ["derive"], optional = true }
 nellymoser-rs = { git = "https://github.com/ruffle-rs/nellymoser", branch = "main" }
 regress = "0.2"
 
diff --git a/web/Cargo.toml b/web/Cargo.toml
index 9d8bd5190..61b9e7de2 100644
--- a/web/Cargo.toml
+++ b/web/Cargo.toml
@@ -36,7 +36,7 @@ wasm-bindgen = { version = "=0.2.69", features = ["serde-serialize"] }
 wasm-bindgen-futures = "0.4.19"
 chrono = { version = "0.4", features = ["wasmbind"] }
 getrandom = { version = "0.2", features = ["js"] }
-serde = { version = "1.0.123", features = ["derive"] }
+serde = { version = "1.0.124", features = ["derive"] }
 
 [dependencies.ruffle_core]
 path = "../core"