diff --git a/versions.props b/versions.props
index b0dfcd312..4f2c18463 100644
--- a/versions.props
+++ b/versions.props
@@ -8,7 +8,7 @@ com.palantir.conjure.typescript:* = 4.2.1
 com.palantir.syntactic-paths:syntactic-paths = 0.6.1
 com.palantir.tokens:* = 3.6.1
 commons-io:commons-io = 2.6
-info.picocli:picocli = 4.3.1
+info.picocli:picocli = 4.3.2
 javax.ws.rs:javax.ws.rs-api = 2.0.1
 junit:junit = 4.13
 org.apache.commons:commons-lang3 = 3.9