diff --git a/pom.xml b/pom.xml
index 48a93ca3f..bca3066ca 100644
--- a/pom.xml
+++ b/pom.xml
@@ -29,7 +29,7 @@
         <java.version>17</java.version>
 
         <spring-cloud.version>2023.0.1</spring-cloud.version>
-        <chaos-monkey-spring-boot.version>2.3.10</chaos-monkey-spring-boot.version>
+        <chaos-monkey-spring-boot.version>3.1.0</chaos-monkey-spring-boot.version>
         <jolokia-core.version>1.7.1</jolokia-core.version>
 
         <!-- Workaround for resolving the issue while using the provided lombok dependency in upgraded Java version.