diff --git a/src/proxy-manager/Cargo.lock b/src/proxy-manager/Cargo.lock
index cbd1067a5..1a37da592 100644
--- a/src/proxy-manager/Cargo.lock
+++ b/src/proxy-manager/Cargo.lock
@@ -1404,9 +1404,9 @@ checksum = "cda74da7e1a664f795bb1f8a87ec406fb89a02522cf6e50620d016add6dbbf5c"
 
 [[package]]
 name = "tokio"
-version = "1.15.0"
+version = "1.16.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "fbbf1c778ec206785635ce8ad57fe52b3009ae9e0c9f574a728f3049d3e55838"
+checksum = "0c27a64b625de6d309e8c57716ba93021dccf1b3b5c97edd6d3dd2d2135afc0a"
 dependencies = [
  "bytes 1.1.0",
  "libc",
diff --git a/src/proxy-manager/Cargo.toml b/src/proxy-manager/Cargo.toml
index 4cc2080d1..b191ee3a5 100644
--- a/src/proxy-manager/Cargo.toml
+++ b/src/proxy-manager/Cargo.toml
@@ -16,7 +16,7 @@ serde = { version = "1.0", features = ["derive"] }
 serde_json = "1.0"
 storage-queue = { path = "../agent/storage-queue" }
 thiserror = "1.0"
-tokio = { version = "1.15", features = ["macros", "rt-multi-thread", "fs", "process"] }
+tokio = { version = "1.16", features = ["macros", "rt-multi-thread", "fs", "process"] }
 url = { version = "2.2", features = ["serde"] }
 reqwest-retry = { path = "../agent/reqwest-retry"}
 onefuzz-telemetry = { path = "../agent/onefuzz-telemetry" }