diff --git a/src/runtime-rs/Cargo.lock b/src/runtime-rs/Cargo.lock
index f7b26af6ad..19e17bc840 100644
--- a/src/runtime-rs/Cargo.lock
+++ b/src/runtime-rs/Cargo.lock
@@ -185,7 +185,7 @@ dependencies = [
  "polling",
  "rustix 0.37.23",
  "slab",
- "socket2",
+ "socket2 0.4.9",
  "waker-fn",
 ]
 
@@ -1589,7 +1589,7 @@ dependencies = [
  "httpdate",
  "itoa",
  "pin-project-lite",
- "socket2",
+ "socket2 0.4.9",
  "tokio",
  "tower-service",
  "tracing",
@@ -2034,9 +2034,9 @@ dependencies = [
 
 [[package]]
 name = "mio"
-version = "0.8.8"
+version = "0.8.11"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "927a765cd3fc26206e66b296465fa9d3e5ab003e651c1b3c060e7956d96b19d2"
+checksum = "a4a650543ca06a924e8b371db273b2756685faae30f8487da1b56505a8f78b0c"
 dependencies = [
  "libc",
  "log",
@@ -2699,9 +2699,9 @@ dependencies = [
 
 [[package]]
 name = "pin-project-lite"
-version = "0.2.10"
+version = "0.2.14"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "4c40d25201921e5ff0c862a505c6557ea88568a4e3ace775ab55e93f2f4f9d57"
+checksum = "bda66fc9667c18cb2758a2ac84d1167245054bcf85d5d1aaa6923f45801bdd02"
 
 [[package]]
 name = "pin-utils"
@@ -3825,6 +3825,16 @@ dependencies = [
  "winapi",
 ]
 
+[[package]]
+name = "socket2"
+version = "0.5.7"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "ce305eb0b4296696835b71df73eb912e0f1ffd2556a501fcede6e0c50349191c"
+dependencies = [
+ "libc",
+ "windows-sys 0.52.0",
+]
+
 [[package]]
 name = "static_assertions"
 version = "1.1.0"
@@ -4099,11 +4109,10 @@ checksum = "1f3ccbac311fea05f86f61904b462b55fb3df8837a366dfc601a0161d0532f20"
 
 [[package]]
 name = "tokio"
-version = "1.29.1"
+version = "1.38.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "532826ff75199d5833b9d2c5fe410f29235e25704ee5f0ef599fb51c21f4a4da"
+checksum = "ba4f4a02a7a80d6f274636f0aa95c7e383b912d41fe721a31f29e29698585a4a"
 dependencies = [
- "autocfg",
  "backtrace",
  "bytes",
  "libc",
@@ -4112,16 +4121,16 @@ dependencies = [
  "parking_lot 0.12.1",
  "pin-project-lite",
  "signal-hook-registry",
- "socket2",
+ "socket2 0.5.7",
  "tokio-macros",
  "windows-sys 0.48.0",
 ]
 
 [[package]]
 name = "tokio-macros"
-version = "2.1.0"
+version = "2.3.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "630bdcf245f78637c13ec01ffae6187cca34625e8c63150d424b59e55af2675e"
+checksum = "5f5ae998a069d4b5aba8ee9dad856af7d520c3699e6159b185c2acd48155d39a"
 dependencies = [
  "proc-macro2",
  "quote",
diff --git a/src/runtime-rs/crates/agent/Cargo.toml b/src/runtime-rs/crates/agent/Cargo.toml
index 02bccc6e3d..37efec9935 100644
--- a/src/runtime-rs/crates/agent/Cargo.toml
+++ b/src/runtime-rs/crates/agent/Cargo.toml
@@ -18,15 +18,15 @@ serde_json = ">=1.0.9"
 slog = "2.5.2"
 slog-scope = "4.4.0"
 ttrpc = "0.8"
-tokio = { version = "1.28.1", features = ["fs", "rt"] }
+tokio = { version = "1.38.0", features = ["fs", "rt"] }
 tracing = "0.1.36"
 url = "2.2.2"
 nix = "0.24.2"
 
-kata-types = { path = "../../../libs/kata-types"}
-logging = { path = "../../../libs/logging"}
+kata-types = { path = "../../../libs/kata-types" }
+logging = { path = "../../../libs/logging" }
 oci = { path = "../../../libs/oci" }
-protocols = { path = "../../../libs/protocols", features=["async"] }
+protocols = { path = "../../../libs/protocols", features = ["async"] }
 
 [features]
 default = []
diff --git a/src/runtime-rs/crates/hypervisor/Cargo.toml b/src/runtime-rs/crates/hypervisor/Cargo.toml
index dc2f57e62f..12cd93e7da 100644
--- a/src/runtime-rs/crates/hypervisor/Cargo.toml
+++ b/src/runtime-rs/crates/hypervisor/Cargo.toml
@@ -22,7 +22,7 @@ serde_json = ">=1.0.9"
 slog = "2.5.2"
 slog-scope = "4.4.0"
 thiserror = "1.0"
-tokio = { version = "1.28.1", features = ["sync", "fs", "process", "io-util"] }
+tokio = { version = "1.38.0", features = ["sync", "fs", "process", "io-util"] }
 vmm-sys-util = "0.11.0"
 rand = "0.8.4"
 path-clean = "1.0.1"
diff --git a/src/runtime-rs/crates/hypervisor/ch-config/Cargo.toml b/src/runtime-rs/crates/hypervisor/ch-config/Cargo.toml
index 85014294fa..7761faadff 100644
--- a/src/runtime-rs/crates/hypervisor/ch-config/Cargo.toml
+++ b/src/runtime-rs/crates/hypervisor/ch-config/Cargo.toml
@@ -13,7 +13,7 @@ edition = "2021"
 anyhow = "1.0.68"
 serde = { version = "1.0.145", features = ["rc", "derive"] }
 serde_json = "1.0.91"
-tokio = { version = "1.28.1", features = ["sync", "rt"] }
+tokio = { version = "1.38.0", features = ["sync", "rt"] }
 
 # Cloud Hypervisor public HTTP API functions
 # Note that the version specified is not necessarily the version of CH
diff --git a/src/runtime-rs/crates/resource/Cargo.toml b/src/runtime-rs/crates/resource/Cargo.toml
index c20efe8f15..a9dd76ba5f 100644
--- a/src/runtime-rs/crates/resource/Cargo.toml
+++ b/src/runtime-rs/crates/resource/Cargo.toml
@@ -30,7 +30,7 @@ serde = { version = "1.0.138", features = ["derive"] }
 serde_json = "1.0.82"
 slog = "2.5.2"
 slog-scope = "4.4.0"
-tokio = { version = "1.28.1", features = ["process"] }
+tokio = { version = "1.38.0", features = ["process"] }
 tracing = "0.1.36"
 uuid = { version = "0.4", features = ["v4"] }
 
@@ -40,7 +40,7 @@ kata-types = { path = "../../../libs/kata-types" }
 kata-sys-util = { path = "../../../libs/kata-sys-util" }
 logging = { path = "../../../libs/logging" }
 oci = { path = "../../../libs/oci" }
-persist = { path = "../persist"}
+persist = { path = "../persist" }
 tests_utils = { path = "../../tests/utils" }
 
 [features]
diff --git a/src/runtime-rs/crates/runtimes/Cargo.toml b/src/runtime-rs/crates/runtimes/Cargo.toml
index 4d5b4dcc97..5bf3d0eff4 100644
--- a/src/runtime-rs/crates/runtimes/Cargo.toml
+++ b/src/runtime-rs/crates/runtimes/Cargo.toml
@@ -11,7 +11,7 @@ lazy_static = "1.4.0"
 netns-rs = "0.1.0"
 slog = "2.5.2"
 slog-scope = "4.4.0"
-tokio = { version = "1.28.1", features = ["rt-multi-thread"] }
+tokio = { version = "1.38.0", features = ["rt-multi-thread"] }
 tracing = "0.1.36"
 tracing-opentelemetry = "0.18.0"
 opentelemetry = { version = "0.18.0", features = ["rt-tokio-current-thread", "trace", "rt-tokio"] }
diff --git a/src/runtime-rs/crates/runtimes/common/Cargo.toml b/src/runtime-rs/crates/runtimes/common/Cargo.toml
index 9e6e7328e7..a341df4f3b 100644
--- a/src/runtime-rs/crates/runtimes/common/Cargo.toml
+++ b/src/runtime-rs/crates/runtimes/common/Cargo.toml
@@ -10,7 +10,7 @@ license = "Apache-2.0"
 [dependencies]
 anyhow = "^1.0"
 async-trait = "0.1.48"
-containerd-shim-protos = { version = "0.6.0", features = ["async"]}
+containerd-shim-protos = { version = "0.6.0", features = ["async"] }
 lazy_static = "1.4.0"
 nix = "0.24.2"
 protobuf = "3.2.0"
@@ -19,12 +19,11 @@ slog = "2.5.2"
 slog-scope = "4.4.0"
 strum = { version = "0.24.0", features = ["derive"] }
 thiserror = "^1.0"
-tokio = { version = "1.28.1", features = ["rt-multi-thread", "process", "fs"] }
+tokio = { version = "1.38.0", features = ["rt-multi-thread", "process", "fs"] }
 ttrpc = "0.8"
-persist = {path = "../../persist"}
+persist = { path = "../../persist" }
 agent = { path = "../../agent" }
 kata-sys-util = { path = "../../../../libs/kata-sys-util" }
 kata-types = { path = "../../../../libs/kata-types" }
 oci = { path = "../../../../libs/oci" }
 resource = { path = "../../resource" }
-
diff --git a/src/runtime-rs/crates/runtimes/linux_container/Cargo.toml b/src/runtime-rs/crates/runtimes/linux_container/Cargo.toml
index b258d3634f..235087a712 100644
--- a/src/runtime-rs/crates/runtimes/linux_container/Cargo.toml
+++ b/src/runtime-rs/crates/runtimes/linux_container/Cargo.toml
@@ -7,8 +7,8 @@ edition = "2018"
 [dependencies]
 anyhow = "^1.0"
 async-trait = "0.1.48"
-tokio = { version = "1.28.1" }
+tokio = { version = "1.38.0" }
 
 common = { path = "../common" }
 kata-types = { path = "../../../../libs/kata-types" }
-resource = { path = "../../resource" }
\ No newline at end of file
+resource = { path = "../../resource" }
diff --git a/src/runtime-rs/crates/runtimes/virt_container/Cargo.toml b/src/runtime-rs/crates/runtimes/virt_container/Cargo.toml
index 9b83a17245..25714506a1 100644
--- a/src/runtime-rs/crates/runtimes/virt_container/Cargo.toml
+++ b/src/runtime-rs/crates/runtimes/virt_container/Cargo.toml
@@ -9,7 +9,7 @@ license = "Apache-2.0"
 anyhow = "^1.0"
 async-trait = "0.1.48"
 awaitgroup = "0.6.0"
-containerd-shim-protos = { version = "0.6.0", features = ["async"]}
+containerd-shim-protos = { version = "0.6.0", features = ["async"] }
 futures = "0.3.19"
 lazy_static = "1.4.0"
 libc = ">=0.2.39"
@@ -21,7 +21,7 @@ serde_derive = "1.0.27"
 serde_json = "1.0.82"
 slog = "2.5.2"
 slog-scope = "4.4.0"
-tokio = { version = "1.28.1" }
+tokio = { version = "1.38.0" }
 toml = "0.4.2"
 url = "2.1.1"
 async-std = "1.12.0"
@@ -32,9 +32,9 @@ common = { path = "../common" }
 hypervisor = { path = "../../hypervisor", features = ["cloud-hypervisor"] }
 kata-sys-util = { path = "../../../../libs/kata-sys-util" }
 kata-types = { path = "../../../../libs/kata-types" }
-logging = { path = "../../../../libs/logging"}
+logging = { path = "../../../../libs/logging" }
 oci = { path = "../../../../libs/oci" }
-persist = { path = "../../persist"}
+persist = { path = "../../persist" }
 resource = { path = "../../resource" }
 
 [features]
diff --git a/src/runtime-rs/crates/runtimes/wasm_container/Cargo.toml b/src/runtime-rs/crates/runtimes/wasm_container/Cargo.toml
index fc36796321..4775b5a727 100644
--- a/src/runtime-rs/crates/runtimes/wasm_container/Cargo.toml
+++ b/src/runtime-rs/crates/runtimes/wasm_container/Cargo.toml
@@ -7,8 +7,8 @@ edition = "2018"
 [dependencies]
 anyhow = "^1.0"
 async-trait = "0.1.48"
-tokio = { version = "1.28.1" }
+tokio = { version = "1.38.0" }
 
 common = { path = "../common" }
 kata-types = { path = "../../../../libs/kata-types" }
-resource = { path = "../../resource" }
\ No newline at end of file
+resource = { path = "../../resource" }
diff --git a/src/runtime-rs/crates/service/Cargo.toml b/src/runtime-rs/crates/service/Cargo.toml
index 09ef3223d9..528b2642c6 100644
--- a/src/runtime-rs/crates/service/Cargo.toml
+++ b/src/runtime-rs/crates/service/Cargo.toml
@@ -10,14 +10,14 @@ anyhow = "^1.0"
 async-trait = "0.1.48"
 slog = "2.5.2"
 slog-scope = "4.4.0"
-tokio = { version = "1.28.1", features = ["rt-multi-thread"] }
+tokio = { version = "1.38.0", features = ["rt-multi-thread"] }
 tracing = "0.1.36"
 ttrpc = "0.8"
 
 common = { path = "../runtimes/common" }
-containerd-shim-protos = { version = "0.6.0", features = ["async"]}
+containerd-shim-protos = { version = "0.6.0", features = ["async"] }
 containerd-shim = { version = "0.6.0", features = ["async"] }
-logging = { path = "../../../libs/logging"}
+logging = { path = "../../../libs/logging" }
 kata-types = { path = "../../../libs/kata-types" }
 runtimes = { path = "../runtimes" }
 persist = { path = "../persist" }
diff --git a/src/runtime-rs/crates/shim-ctl/Cargo.toml b/src/runtime-rs/crates/shim-ctl/Cargo.toml
index b1e844b0c0..c1d05f4dc9 100644
--- a/src/runtime-rs/crates/shim-ctl/Cargo.toml
+++ b/src/runtime-rs/crates/shim-ctl/Cargo.toml
@@ -10,5 +10,5 @@ anyhow = "^1.0"
 common = { path = "../runtimes/common" }
 logging = { path = "../../../libs/logging"}
 runtimes = { path = "../runtimes" }
-tokio = { version = "1.28.1", features = [ "rt", "rt-multi-thread" ] }
+tokio = { version = "1.38.0", features = [ "rt", "rt-multi-thread" ] }
 
diff --git a/src/runtime-rs/crates/shim/Cargo.toml b/src/runtime-rs/crates/shim/Cargo.toml
index 986ea183b6..8cd0341185 100644
--- a/src/runtime-rs/crates/shim/Cargo.toml
+++ b/src/runtime-rs/crates/shim/Cargo.toml
@@ -27,7 +27,7 @@ slog-async = "2.5.2"
 slog-scope = "4.4.0"
 slog-stdlog = "4.1.0"
 thiserror = "1.0.30"
-tokio = { version = "1.28.1", features = [ "rt", "rt-multi-thread" ] }
+tokio = { version = "1.38.0", features = [ "rt", "rt-multi-thread" ] }
 unix_socket2 = "0.5.4"
 tracing = "0.1.36"
 tracing-opentelemetry = "0.18.0"