diff --git a/buildpack.toml b/buildpack.toml
index e423bbc..0363890 100644
--- a/buildpack.toml
+++ b/buildpack.toml
@@ -27,7 +27,7 @@ api = "0.7"
 
   [[order.group]]
     id = "paketo-buildpacks/syft"
-    version = "1.40.0"
+    version = "1.40.1"
 
   [[order.group]]
     id = "paketo-community/cargo"
diff --git a/package.toml b/package.toml
index c1942fa..3aec4c3 100644
--- a/package.toml
+++ b/package.toml
@@ -11,4 +11,4 @@
   uri = "docker://gcr.io/paketo-buildpacks/procfile:5.6.7"
 
 [[dependencies]]
-  uri = "docker://gcr.io/paketo-buildpacks/syft:1.40.0"
+  uri = "docker://gcr.io/paketo-buildpacks/syft:1.40.1"