diff --git a/Cargo.lock b/Cargo.lock
index e2f84277aa..d868f14b87 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -6639,9 +6639,9 @@ dependencies = [
 
 [[package]]
 name = "parity-scale-codec"
-version = "3.1.2"
+version = "3.1.3"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "e8b44461635bbb1a0300f100a841e571e7d919c81c73075ef5d152ffdb521066"
+checksum = "04bc9583b5e01cc8c70d89acc9af14ef9b1c29ee3a0074b2a9eea8c0fa396690"
 dependencies = [
  "arrayvec 0.7.2",
  "bitvec",
@@ -6653,9 +6653,9 @@ dependencies = [
 
 [[package]]
 name = "parity-scale-codec-derive"
-version = "3.1.2"
+version = "3.1.3"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "c45ed1f39709f5a89338fab50e59816b2e8815f5bb58276e7ddf9afd495f73f8"
+checksum = "9299338969a3d2f491d65f140b00ddec470858402f888af98e8642fb5e8965cd"
 dependencies = [
  "proc-macro-crate",
  "proc-macro2",
diff --git a/client/relay-chain-interface/Cargo.toml b/client/relay-chain-interface/Cargo.toml
index c0d4b352fc..90f0d562bc 100644
--- a/client/relay-chain-interface/Cargo.toml
+++ b/client/relay-chain-interface/Cargo.toml
@@ -23,4 +23,4 @@ derive_more = "0.99.2"
 async-trait = "0.1.56"
 thiserror = "1.0.31"
 jsonrpsee-core = "0.13.1"
-parity-scale-codec = "3.1.2"
+parity-scale-codec = "3.1.3"
diff --git a/client/relay-chain-rpc-interface/Cargo.toml b/client/relay-chain-rpc-interface/Cargo.toml
index 7c9c85bf2b..9cc287256e 100644
--- a/client/relay-chain-rpc-interface/Cargo.toml
+++ b/client/relay-chain-rpc-interface/Cargo.toml
@@ -21,7 +21,7 @@ sc-rpc-api = { git = "https://github.com/paritytech/substrate", branch = "master
 
 futures = "0.3.21"
 futures-timer = "3.0.2"
-parity-scale-codec = "3.1.2"
+parity-scale-codec = "3.1.3"
 parking_lot = "0.12.1"
 jsonrpsee = { version = "0.13.1", features = ["ws-client"] }
 tracing = "0.1.34"
diff --git a/pallets/session-benchmarking/Cargo.toml b/pallets/session-benchmarking/Cargo.toml
index ba0f8cf441..e4d8319e28 100644
--- a/pallets/session-benchmarking/Cargo.toml
+++ b/pallets/session-benchmarking/Cargo.toml
@@ -13,7 +13,7 @@ readme = "README.md"
 targets = ["x86_64-unknown-linux-gnu"]
 
 [dependencies]
-parity-scale-codec = { version = "3.1.2", default-features = false }
+parity-scale-codec = { version = "3.1.3", default-features = false }
 sp-std = { default-features = false, git = "https://github.com/paritytech/substrate", branch = "master" }
 sp-runtime = { default-features = false, git = "https://github.com/paritytech/substrate", branch = "master" }
 frame-support = { default-features = false, git = "https://github.com/paritytech/substrate", branch = "master" }