diff --git a/Cargo.toml b/Cargo.toml
index 85c0d66e..84c9bcc8 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -27,7 +27,7 @@ aws-credential-types = "1.2.8"
 
 [dependencies.base64]
 # renovate: datasource=crate depName=base64
-version = "0.22"
+version = "0.23"
 optional = true
 
 [dependencies.aws-sigv4]
diff --git a/templates/Cargo.mustache b/templates/Cargo.mustache
index e038e211..d3d1deef 100644
--- a/templates/Cargo.mustache
+++ b/templates/Cargo.mustache
@@ -35,7 +35,7 @@ aws-credential-types = "1.2.8"
 
 [dependencies.base64]
 # renovate: datasource=crate depName=base64
-version = "0.22"
+version = "0.23"
 optional = true
 
 [dependencies.aws-sigv4]