diff --git a/pom.xml b/pom.xml
index b5276dd2fd..a4e32c5853 100644
--- a/pom.xml
+++ b/pom.xml
@@ -87,7 +87,7 @@
     <google.cloud.datastore.version>1.105.1</google.cloud.datastore.version>
     <google.protobuf.java.version>3.19.4</google.protobuf.java.version>
     <google.tink.version>1.3.0-rc3</google.tink.version>
-    <guava.version>27.0.1-jre</guava.version>
+    <guava.version>32.0.0-jre</guava.version>
     <hadoop.version>2.9.2</hadoop.version>
     <hbase-shaded-client.version>1.4.13</hbase-shaded-client.version>
     <hbase-shaded-server.version>1.4.13</hbase-shaded-server.version>
@@ -1134,7 +1134,7 @@
         <dependency>
           <groupId>com.google.guava</groupId>
           <artifactId>guava</artifactId>
-          <version>31.1-jre</version>
+          <version>32.0.0-jre</version>
         </dependency>
         <dependency>
           <groupId>io.cdap.tests.e2e</groupId>