diff --git a/Cargo.lock b/Cargo.lock
index 7058850302..861b6a737f 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -2661,7 +2661,7 @@ dependencies = [
  "ink-pallet-contracts-uapi",
  "ink_primitives 5.0.0-rc",
  "parity-scale-codec",
- "secp256k1 0.28.1",
+ "secp256k1 0.28.2",
  "sha2 0.10.8",
  "sha3",
 ]
@@ -2676,7 +2676,7 @@ dependencies = [
  "derive_more",
  "ink_primitives 5.0.0-rc (registry+https://github.com/rust-lang/crates.io-index)",
  "parity-scale-codec",
- "secp256k1 0.28.1",
+ "secp256k1 0.28.2",
  "sha2 0.10.8",
  "sha3",
 ]
@@ -2704,7 +2704,7 @@ dependencies = [
  "scale-encode",
  "scale-info",
  "schnorrkel 0.11.4",
- "secp256k1 0.28.1",
+ "secp256k1 0.28.2",
  "sha2 0.10.8",
  "sha3",
  "static_assertions",
@@ -2733,7 +2733,7 @@ dependencies = [
  "scale-encode",
  "scale-info",
  "schnorrkel 0.11.4",
- "secp256k1 0.28.1",
+ "secp256k1 0.28.2",
  "sha2 0.10.8",
  "sha3",
  "static_assertions",
@@ -4712,9 +4712,9 @@ dependencies = [
 
 [[package]]
 name = "secp256k1"
-version = "0.28.1"
+version = "0.28.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "3f622567e3b4b38154fb8190bcf6b160d7a4301d70595a49195b48c116007a27"
+checksum = "d24b59d129cdadea20aea4fb2352fa053712e5d713eee47d700cd4b2bc002f10"
 dependencies = [
  "secp256k1-sys 0.9.2",
 ]
@@ -5891,7 +5891,7 @@ dependencies = [
  "pbkdf2 0.12.2",
  "regex",
  "schnorrkel 0.11.4",
- "secp256k1 0.28.1",
+ "secp256k1 0.28.2",
  "secrecy",
  "sha2 0.10.8",
  "sp-core-hashing 13.0.0",
diff --git a/Cargo.toml b/Cargo.toml
index d8cc7a486c..aee6922534 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -61,7 +61,7 @@ scale-decode = { version = "0.10.0", default-features = false }
 scale-encode = { version = "0.5.0", default-features = false }
 scale-info = { version = "2.6", default-features = false }
 schemars = { version = "0.8" }
-secp256k1 = { version = "0.28.1" }
+secp256k1 = { version = "0.28.2" }
 serde = { version = "1.0.196", default-features = false }
 serde_json = { version = "1.0.113" }
 sha2 = { version = "0.10" }