diff --git a/Cargo.lock b/Cargo.lock
index 338b75acf..10db93b4e 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -99,9 +99,9 @@ dependencies = [
 
 [[package]]
 name = "anyhow"
-version = "1.0.97"
+version = "1.0.98"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "dcfed56ad506cb2c684a14971b8861fdc3baaaae314b9e5f9bb532cbe3ba7a4f"
+checksum = "e16d2d3311acee920a9eb8d33b8cbc1787ce4a264e85f964c2404b969bdcd487"
 
 [[package]]
 name = "arbitrary"
diff --git a/src/hyperlight_common/Cargo.toml b/src/hyperlight_common/Cargo.toml
index e4984b6c5..dd8098f60 100644
--- a/src/hyperlight_common/Cargo.toml
+++ b/src/hyperlight_common/Cargo.toml
@@ -16,7 +16,7 @@ workspace = true
 
 [dependencies]
 flatbuffers = { version = "25.2.10", default-features = false }
-anyhow = { version = "1.0.97", default-features = false }
+anyhow = { version = "1.0.98", default-features = false }
 log = "0.4.27"
 tracing = { version = "0.1.41", optional = true }
 strum = {version = "0.27",  default-features = false, features = ["derive"]}
diff --git a/src/hyperlight_guest/Cargo.toml b/src/hyperlight_guest/Cargo.toml
index 839a17760..a9499e93d 100644
--- a/src/hyperlight_guest/Cargo.toml
+++ b/src/hyperlight_guest/Cargo.toml
@@ -18,7 +18,7 @@ libc = [] # compile musl libc
 printf = [] # compile printf
 
 [dependencies]
-anyhow = { version = "1.0.97", default-features = false }
+anyhow = { version = "1.0.98", default-features = false }
 serde_json = { version = "1.0", default-features = false, features = ["alloc"] }
 buddy_system_allocator = "0.11.0"
 hyperlight-common = { workspace = true }
diff --git a/src/hyperlight_host/Cargo.toml b/src/hyperlight_host/Cargo.toml
index a29826958..14bba8ec6 100644
--- a/src/hyperlight_host/Cargo.toml
+++ b/src/hyperlight_host/Cargo.toml
@@ -113,7 +113,7 @@ windows = { version = "0.61", features = [
 proc-maps = "0.4.0"
 
 [build-dependencies]
-anyhow = { version = "1.0.97" }
+anyhow = { version = "1.0.98" }
 cfg_aliases = "0.2.1"
 built = { version = "0.7.7", features = ["chrono", "git2"] }
 
diff --git a/src/hyperlight_testing/Cargo.toml b/src/hyperlight_testing/Cargo.toml
index 969b28c23..40ec4020f 100644
--- a/src/hyperlight_testing/Cargo.toml
+++ b/src/hyperlight_testing/Cargo.toml
@@ -3,7 +3,7 @@ name = "hyperlight-testing"
 edition = "2021"
 
 [dependencies]
-anyhow = "1.0.97"
+anyhow = "1.0.98"
 log = "0.4"
 once_cell = "1.21"
 tracing = { version = "0.1.41", features = ["log"] }