diff --git a/.changes/unreleased/Dependencies-20240320-124142.yaml b/.changes/unreleased/Dependencies-20240320-124142.yaml
new file mode 100644
index 000000000..74cf7af72
--- /dev/null
+++ b/.changes/unreleased/Dependencies-20240320-124142.yaml
@@ -0,0 +1,6 @@
+kind: Dependencies
+body: bump cryptography to 42.0.4 or higher for security callouts
+time: 2024-03-20T12:41:42.196569-05:00
+custom:
+  Author: McKnight-42
+  PR: "940"
diff --git a/dev-requirements.txt b/dev-requirements.txt
index c3bc47131..051c26937 100644
--- a/dev-requirements.txt
+++ b/dev-requirements.txt
@@ -8,7 +8,7 @@ git+https://github.com/dbt-labs/dbt-core.git@1.7.latest#egg=dbt-tests-adapter&su
 black~=23.9
 bumpversion~=0.6.0
 click~=8.1
-cryptography~=41.0.7
+cryptography~=42.0.4
 ddtrace~=1.18
 flake8~=6.1
 flaky~=3.7