diff --git a/Cargo.lock b/Cargo.lock
index 9b5e98c87..6b03747a6 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -2159,9 +2159,9 @@ checksum = "19b17cddbe7ec3f8bc800887bab5e717348c95ea2ca0b1bf0837fb964dc67099"
 
 [[package]]
 name = "pem"
-version = "2.0.1"
+version = "3.0.3"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "6b13fe415cdf3c8e44518e18a7c95a13431d9bdf6d15367d82b23c377fdd441a"
+checksum = "1b8fcc794035347fb64beda2d3b462595dd2753e3f268d89c5aae77e8cf2c310"
 dependencies = [
  "base64 0.21.7",
  "serde",
diff --git a/data-formats/Cargo.toml b/data-formats/Cargo.toml
index f11e0c918..9f1b1ea65 100644
--- a/data-formats/Cargo.toml
+++ b/data-formats/Cargo.toml
@@ -22,7 +22,7 @@ uuid = "1.3"
 num-traits = "0.2"
 num-derive = "0.3"
 paste = "1.0"
-pem = "2.0"
+pem = "3.0"
 tss-esapi = { version = "7.4", features = ["generate-bindings"] }
 byteorder = "1"
 
diff --git a/integration-tests/Cargo.toml b/integration-tests/Cargo.toml
index b23c5ffaa..9290c20f4 100644
--- a/integration-tests/Cargo.toml
+++ b/integration-tests/Cargo.toml
@@ -32,7 +32,7 @@ serde_cbor = "0.11"
 serde_json = "1.0"
 pretty_assertions = "1.0.0"
 paste = "1.0"
-pem = "2.0"
+pem = "3.0"
 
 fdo-data-formats = { path = "../data-formats" }
 fdo-util = { path = "../util" }