diff --git a/gradle/javaLibsProject.gradle b/gradle/javaLibsProject.gradle
index df8abfb7cff5..a0968c4fdc2f 100644
--- a/gradle/javaLibsProject.gradle
+++ b/gradle/javaLibsProject.gradle
@@ -40,7 +40,7 @@ dependencies {
     dist 'org.wso2.securevault:org.wso2.securevault:1.0.0-wso2v2'
     dist 'org.wso2.transport.file:org.wso2.transport.local-file-system:6.0.55'
     dist 'org.wso2.transport.http:org.wso2.transport.http.netty:6.3.48'
-    dist 'org.bouncycastle:bcprov-jdk18on:1.73'
+    dist 'org.bouncycastle:bcprov-jdk18on:1.74'
     dist 'org.bouncycastle:bcpkix-jdk15on:1.61'
 
     dist 'info.picocli:picocli:4.0.1'
diff --git a/gradle/javaProject.gradle b/gradle/javaProject.gradle
index 0db05f6b50a6..9de8df70e227 100644
--- a/gradle/javaProject.gradle
+++ b/gradle/javaProject.gradle
@@ -75,7 +75,7 @@ dependencies {
         implementation 'org.codehaus.woodstox:stax2-api:4.2.1'
         implementation 'org.awaitility:awaitility:3.1.6'
         implementation 'org.apache.thrift:libthrift:0.14.1'
-        implementation 'org.bouncycastle:bcprov-jdk18on:1.73'
+        implementation 'org.bouncycastle:bcprov-jdk18on:1.74'
         implementation 'org.bouncycastle:bcpkix-jdk15on:1.61'
         implementation 'org.bytedeco.javacpp-presets:llvm-platform:6.0.1-1.4.2'
         implementation 'org.codehaus.plexus:plexus-utils:3.0.8'
diff --git a/stdlib/grpc/src/main/ballerina/Ballerina.toml b/stdlib/grpc/src/main/ballerina/Ballerina.toml
index b5b85411e543..5b85bf3d3717 100644
--- a/stdlib/grpc/src/main/ballerina/Ballerina.toml
+++ b/stdlib/grpc/src/main/ballerina/Ballerina.toml
@@ -112,8 +112,8 @@ target = "java8"
 
     [[platform.libraries]]
     artifactId = "bcprov-jdk18on"
-    version = "1.73"
-    path = "./lib/bcprov-jdk18on-1.73.jar"
+    version = "1.74"
+    path = "./lib/bcprov-jdk18on-1.74.jar"
     groupId = "org.bouncycastle"
     modules = ["grpc"]
 
diff --git a/stdlib/http/src/main/ballerina/Ballerina.toml b/stdlib/http/src/main/ballerina/Ballerina.toml
index a5b9121d5182..918d4e9ae3a5 100644
--- a/stdlib/http/src/main/ballerina/Ballerina.toml
+++ b/stdlib/http/src/main/ballerina/Ballerina.toml
@@ -105,8 +105,8 @@ target = "java8"
 
     [[platform.libraries]]
     artifactId = "bcprov-jdk18on"
-    version = "1.73"
-    path = "./lib/bcprov-jdk18on-1.73.jar"
+    version = "1.74"
+    path = "./lib/bcprov-jdk18on-1.74.jar"
     groupId = "org.bouncycastle"
     modules = ["http"]
 
diff --git a/stdlib/mime/src/main/ballerina/Ballerina.toml b/stdlib/mime/src/main/ballerina/Ballerina.toml
index 82b09824aa3e..dac2606b8a0f 100644
--- a/stdlib/mime/src/main/ballerina/Ballerina.toml
+++ b/stdlib/mime/src/main/ballerina/Ballerina.toml
@@ -112,8 +112,8 @@ target = "java8"
 
     [[platform.libraries]]
     artifactId = "bcprov-jdk18on"
-    version = "1.73"
-    path = "./lib/bcprov-jdk18on-1.73.jar"
+    version = "1.74"
+    path = "./lib/bcprov-jdk18on-1.74.jar"
     groupId = "org.bouncycastle"
     modules = ["mime"]
 
diff --git a/stdlib/websub/src/main/ballerina/Ballerina.toml b/stdlib/websub/src/main/ballerina/Ballerina.toml
index 487b309a2cf0..5db05c16fd18 100644
--- a/stdlib/websub/src/main/ballerina/Ballerina.toml
+++ b/stdlib/websub/src/main/ballerina/Ballerina.toml
@@ -105,8 +105,8 @@ target = "java8"
 
     [[platform.libraries]]
     artifactId = "bcprov-jdk18on"
-    version = "1.73"
-    path = "./lib/bcprov-jdk18on-1.73.jar"
+    version = "1.74"
+    path = "./lib/bcprov-jdk18on-1.74.jar"
     groupId = "org.bouncycastle"
     modules = ["web-sub"]