diff --git a/dependencyManagement/build.gradle.kts b/dependencyManagement/build.gradle.kts
index f13fbb6466..960300421c 100644
--- a/dependencyManagement/build.gradle.kts
+++ b/dependencyManagement/build.gradle.kts
@@ -18,7 +18,7 @@ val DEPENDENCY_BOMS = listOf(
   "com.linecorp.armeria:armeria-bom:1.23.1",
   "com.squareup.okhttp3:okhttp-bom:4.10.0",
   "com.squareup.okio:okio-bom:3.3.0", // applies to transitive dependencies of okhttp
-  "io.grpc:grpc-bom:1.54.0",
+  "io.grpc:grpc-bom:1.54.1",
   "io.netty:netty-bom:4.1.91.Final",
   "io.zipkin.brave:brave-bom:5.15.1",
   "io.zipkin.reporter2:zipkin-reporter-bom:2.16.3",