diff --git a/tools/props/Versions.props b/tools/props/Versions.props
index 689a424351..d194e8fa32 100644
--- a/tools/props/Versions.props
+++ b/tools/props/Versions.props
@@ -27,8 +27,8 @@
   </PropertyGroup>
   <!-- NetFx and NetCore project dependencies -->
   <PropertyGroup>
-    <AzureIdentityVersion>1.11.3</AzureIdentityVersion>
-    <MicrosoftIdentityClientVersion>4.60.3</MicrosoftIdentityClientVersion>
+    <AzureIdentityVersion>1.11.4</AzureIdentityVersion>
+    <MicrosoftIdentityClientVersion>4.61.3</MicrosoftIdentityClientVersion>
     <MicrosoftIdentityModelProtocolsOpenIdConnectVersion>6.35.0</MicrosoftIdentityModelProtocolsOpenIdConnectVersion>
     <MicrosoftIdentityModelJsonWebTokensVersion>6.35.0</MicrosoftIdentityModelJsonWebTokensVersion>
     <SystemBuffersVersion>4.5.1</SystemBuffersVersion>
@@ -55,7 +55,7 @@
   </PropertyGroup>
   <!-- AKV Provider project dependencies -->
   <PropertyGroup>
-    <AzureCoreVersion>[1.38.0,2.0.0)</AzureCoreVersion>
+    <AzureCoreVersion>[1.40.0,2.0.0)</AzureCoreVersion>
     <AzureSecurityKeyVaultKeysVersion>[4.5.0,5.0.0)</AzureSecurityKeyVaultKeysVersion>
     <MicrosoftExtensionsCachingMemoryVersion>6.0.1</MicrosoftExtensionsCachingMemoryVersion>
   </PropertyGroup>
diff --git a/tools/specs/Microsoft.Data.SqlClient.nuspec b/tools/specs/Microsoft.Data.SqlClient.nuspec
index 9822aff4b0..d04d1fce23 100644
--- a/tools/specs/Microsoft.Data.SqlClient.nuspec
+++ b/tools/specs/Microsoft.Data.SqlClient.nuspec
@@ -29,8 +29,8 @@ When using NuGet 3.x this package requires at least version 3.4.</description>
     <dependencies>
       <group targetFramework="net462">
         <dependency id="Microsoft.Data.SqlClient.SNI" version="5.2.0" />
-        <dependency id="Azure.Identity" version="1.11.3" />
-        <dependency id="Microsoft.Identity.Client" version="4.60.3" />
+        <dependency id="Azure.Identity" version="1.11.4" />
+        <dependency id="Microsoft.Identity.Client" version="4.61.3" />
         <dependency id="Microsoft.IdentityModel.JsonWebTokens" version="6.35.0" />
         <dependency id="Microsoft.IdentityModel.Protocols.OpenIdConnect" version="6.35.0" />
         <dependency id="System.Buffers" version="4.5.1" />
@@ -40,8 +40,8 @@ When using NuGet 3.x this package requires at least version 3.4.</description>
       </group>
       <group targetFramework="net8.0">
         <dependency id="Microsoft.Data.SqlClient.SNI.runtime" version="5.2.0" exclude="Compile" />
-        <dependency id="Azure.Identity" version="1.11.3" />
-        <dependency id="Microsoft.Identity.Client" version="4.60.3" exclude="Compile"/>
+        <dependency id="Azure.Identity" version="1.11.4" />
+        <dependency id="Microsoft.Identity.Client" version="4.61.3" exclude="Compile"/>
         <dependency id="Microsoft.IdentityModel.Protocols.OpenIdConnect" version="6.35.0" />
         <dependency id="Microsoft.IdentityModel.JsonWebTokens" version="6.35.0" />
         <dependency id="Microsoft.SqlServer.Server" version="1.0.0"/>
@@ -50,8 +50,8 @@ When using NuGet 3.x this package requires at least version 3.4.</description>
       </group>
       <group targetFramework="net6.0">
         <dependency id="Microsoft.Data.SqlClient.SNI.runtime" version="5.2.0" exclude="Compile" />
-        <dependency id="Azure.Identity" version="1.11.3" />
-        <dependency id="Microsoft.Identity.Client" version="4.60.3" exclude="Compile"/>
+        <dependency id="Azure.Identity" version="1.11.4" />
+        <dependency id="Microsoft.Identity.Client" version="4.61.3" exclude="Compile"/>
         <dependency id="Microsoft.IdentityModel.Protocols.OpenIdConnect" version="6.35.0" />
         <dependency id="Microsoft.IdentityModel.JsonWebTokens" version="6.35.0" />
         <dependency id="Microsoft.SqlServer.Server" version="1.0.0"/>
@@ -60,8 +60,8 @@ When using NuGet 3.x this package requires at least version 3.4.</description>
       </group>
       <group targetFramework="netstandard2.0">
         <dependency id="Microsoft.Data.SqlClient.SNI.runtime" version="5.2.0" exclude="Compile" />
-        <dependency id="Azure.Identity" version="1.11.3" />
-        <dependency id="Microsoft.Identity.Client" version="4.60.3" exclude="Compile"/>
+        <dependency id="Azure.Identity" version="1.11.4" />
+        <dependency id="Microsoft.Identity.Client" version="4.61.3" exclude="Compile"/>
         <dependency id="Microsoft.IdentityModel.Protocols.OpenIdConnect" version="6.35.0" />
         <dependency id="Microsoft.IdentityModel.JsonWebTokens" version="6.35.0" />
         <dependency id="Microsoft.SqlServer.Server" version="1.0.0"/>
@@ -78,8 +78,8 @@ When using NuGet 3.x this package requires at least version 3.4.</description>
       </group>
       <group targetFramework="netstandard2.1">
         <dependency id="Microsoft.Data.SqlClient.SNI.runtime" version="5.2.0" exclude="Compile" />
-        <dependency id="Azure.Identity" version="1.11.3" />
-        <dependency id="Microsoft.Identity.Client" version="4.60.3" exclude="Compile"/>
+        <dependency id="Azure.Identity" version="1.11.4" />
+        <dependency id="Microsoft.Identity.Client" version="4.61.3" exclude="Compile"/>
         <dependency id="Microsoft.IdentityModel.Protocols.OpenIdConnect" version="6.35.0" />
         <dependency id="Microsoft.IdentityModel.JsonWebTokens" version="6.35.0" />
         <dependency id="Microsoft.SqlServer.Server" version="1.0.0"/>
diff --git a/tools/specs/add-ons/Microsoft.Data.SqlClient.AlwaysEncrypted.AzureKeyVaultProvider.nuspec b/tools/specs/add-ons/Microsoft.Data.SqlClient.AlwaysEncrypted.AzureKeyVaultProvider.nuspec
index 33be2b3409..fba7294c3a 100644
--- a/tools/specs/add-ons/Microsoft.Data.SqlClient.AlwaysEncrypted.AzureKeyVaultProvider.nuspec
+++ b/tools/specs/add-ons/Microsoft.Data.SqlClient.AlwaysEncrypted.AzureKeyVaultProvider.nuspec
@@ -26,25 +26,25 @@ Microsoft.Data.SqlClient.AlwaysEncrypted.AzureKeyStoreProvider.SqlColumnEncrypti
     <dependencies>
       <group targetFramework="net462">
         <dependency id="Microsoft.Data.SqlClient" version="5.1.5" />
-        <dependency id="Azure.Core" version="[1.38.0,2.0.0)" />
+        <dependency id="Azure.Core" version="[1.40.0,2.0.0)" />
         <dependency id="Azure.Security.KeyVault.Keys" version="[4.5.0,5.0.0)" />
         <dependency id="Microsoft.Extensions.Caching.Memory" version="6.0.1" />
       </group>
       <group targetFramework="net8.0">
         <dependency id="Microsoft.Data.SqlClient" version="5.1.5" />
-        <dependency id="Azure.Core" version="[1.38.0,2.0.0)" />
+        <dependency id="Azure.Core" version="[1.40.0,2.0.0)" />
         <dependency id="Azure.Security.KeyVault.Keys" version="[4.5.0,5.0.0)" />
         <dependency id="Microsoft.Extensions.Caching.Memory" version="8.0.0" />
       </group>
       <group targetFramework="net6.0">
         <dependency id="Microsoft.Data.SqlClient" version="5.1.5" />
-        <dependency id="Azure.Core" version="[1.38.0,2.0.0)" />
+        <dependency id="Azure.Core" version="[1.40.0,2.0.0)" />
         <dependency id="Azure.Security.KeyVault.Keys" version="[4.5.0,5.0.0)" />
         <dependency id="Microsoft.Extensions.Caching.Memory" version="6.0.1" />
       </group>
       <group targetFramework="netstandard2.0">
         <dependency id="Microsoft.Data.SqlClient" version="5.1.5" />
-        <dependency id="Azure.Core" version="[1.38.0,2.0.0)" />
+        <dependency id="Azure.Core" version="[1.40.0,2.0.0)" />
         <dependency id="Azure.Security.KeyVault.Keys" version="[4.5.0,5.0.0)" />
         <dependency id="Microsoft.Extensions.Caching.Memory" version="6.0.1" />
       </group>