diff --git a/project/Dependencies.scala b/project/Dependencies.scala
index c7ea1d3760..757c21011f 100644
--- a/project/Dependencies.scala
+++ b/project/Dependencies.scala
@@ -112,7 +112,7 @@ object Dependencies {
 
   val circeYAML: ModuleID = "io.circe" %% "circe-yaml" % "1.15.0"
 
-  val azureIdentity: ModuleID = "com.azure" % "azure-identity" % "1.15.3"
+  val azureIdentity: ModuleID = "com.azure" % "azure-identity" % "1.15.4"
   val azureCoreManagement: ModuleID = "com.azure" % "azure-core-management" % "1.16.2"
 
   def excludeOpenTelemetry = ExclusionRule("io.opentelemetry.instrumentation")