diff --git a/go.mod b/go.mod
index dce8fd0ce..4b76dde9a 100644
--- a/go.mod
+++ b/go.mod
@@ -3,7 +3,7 @@ module github.com/operator-framework/operator-controller
 go 1.20
 
 require (
-	github.com/Masterminds/semver/v3 v3.2.0
+	github.com/Masterminds/semver/v3 v3.2.1
 	github.com/blang/semver/v4 v4.0.0
 	github.com/go-logr/logr v1.2.4
 	github.com/onsi/ginkgo/v2 v2.11.0
diff --git a/go.sum b/go.sum
index 794b9c01c..76a58d69c 100644
--- a/go.sum
+++ b/go.sum
@@ -48,8 +48,8 @@ github.com/Azure/go-autorest/logger v0.2.0/go.mod h1:T9E3cAhj2VqvPOtCYAvby9aBXkZ
 github.com/Azure/go-autorest/tracing v0.6.0/go.mod h1:+vhtPC754Xsa23ID7GlGsrdKBpUA79WCAKPPZVC2DeU=
 github.com/BurntSushi/toml v0.3.1/go.mod h1:xHWCNGjB5oqiDr8zfno3MHue2Ht5sIBksp03qcyfWMU=
 github.com/BurntSushi/xgb v0.0.0-20160522181843-27f122750802/go.mod h1:IVnqGOEym/WlBOVXweHU+Q+/VP0lqqI8lqeDx9IjBqo=
-github.com/Masterminds/semver/v3 v3.2.0 h1:3MEsd0SM6jqZojhjLWWeBY+Kcjy9i6MQAeY7YgDP83g=
-github.com/Masterminds/semver/v3 v3.2.0/go.mod h1:qvl/7zhW3nngYb5+80sSMF+FG2BjYrf8m9wsX0PNOMQ=
+github.com/Masterminds/semver/v3 v3.2.1 h1:RN9w6+7QoMeJVGyfmbcgs28Br8cvmnucEXnY0rYXWg0=
+github.com/Masterminds/semver/v3 v3.2.1/go.mod h1:qvl/7zhW3nngYb5+80sSMF+FG2BjYrf8m9wsX0PNOMQ=
 github.com/Microsoft/go-winio v0.4.11/go.mod h1:VhR8bwka0BXejwEJY73c50VrPtXAaKcyvVC4A4RozmA=
 github.com/Microsoft/go-winio v0.4.14/go.mod h1:qXqCSQ3Xa7+6tgxaGTIe4Kpcdsi+P8jBhyzoq1bpyYA=
 github.com/Microsoft/go-winio v0.4.15-0.20190919025122-fc70bd9a86b5/go.mod h1:tTuCMEN+UleMWgg9dVx4Hu52b1bJo+59jBh3ajtinzw=