diff --git a/Cargo.lock b/Cargo.lock
index f98bc3cd9e37e..4f559ba5cff31 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -327,8 +327,21 @@ dependencies = [
  "memchr",
  "pin-project-lite",
  "tokio",
- "zstd 0.11.2+zstd.1.5.2",
- "zstd-safe 5.0.2+zstd.1.5.2",
+]
+
+[[package]]
+name = "async-compression"
+version = "0.4.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "5b0122885821398cc923ece939e24d1056a2384ee719432397fa9db87230ff11"
+dependencies = [
+ "flate2",
+ "futures-core",
+ "memchr",
+ "pin-project-lite",
+ "tokio",
+ "zstd 0.12.3+zstd.1.5.2",
+ "zstd-safe 6.0.3+zstd.1.5.2",
 ]
 
 [[package]]
@@ -8541,7 +8554,7 @@ version = "0.4.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "5d1d42a9b3f3ec46ba828e8d376aec14592ea199f70a06a548587ecd1c4ab658"
 dependencies = [
- "async-compression",
+ "async-compression 0.3.15",
  "base64 0.20.0",
  "bitflags",
  "bytes 1.4.0",
@@ -9140,7 +9153,7 @@ dependencies = [
  "arc-swap",
  "arr_macro",
  "assert_cmd",
- "async-compression",
+ "async-compression 0.4.0",
  "async-graphql",
  "async-graphql-warp",
  "async-stream",
diff --git a/Cargo.toml b/Cargo.toml
index b0de43791504c..5c72643a4bd25 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -230,7 +230,7 @@ vrl = { package = "vrl", git = "https://github.com/vectordotdev/vrl", rev = "v0.
 
 # External libs
 arc-swap = { version = "1.6", default-features = false, optional = true }
-async-compression = { version = "0.3.15", default-features = false, features = ["tokio", "gzip", "zstd"], optional = true }
+async-compression = { version = "0.4.0", default-features = false, features = ["tokio", "gzip", "zstd"], optional = true }
 apache-avro = { version = "0.14.0", default-features = false, optional = true }
 axum = { version = "0.6.18", default-features = false }
 base64 = { version = "0.21.0", default-features = false, optional = true }