diff --git a/pkgs/development/python-modules/cryptography/default.nix b/pkgs/development/python-modules/cryptography/default.nix
index 2d1c913d926b..729c1801daa7 100644
--- a/pkgs/development/python-modules/cryptography/default.nix
+++ b/pkgs/development/python-modules/cryptography/default.nix
@@ -21,19 +21,19 @@
 
 buildPythonPackage rec {
   pname = "cryptography";
-  version = "47.0.0";
+  version = "48.0.0";
   pyproject = true;
 
   src = fetchFromGitHub {
     owner = "pyca";
     repo = "cryptography";
     tag = version;
-    hash = "sha256-XmTsD5vVFi+q9gf5lMqro5OcWhgRX573cc4gUozA1Hs=";
+    hash = "sha256-S1oOLou6tE1atqZ6HXwVQDps9BnjiEpRdoZY5VQm+Kg=";
   };
 
   cargoDeps = rustPlatform.fetchCargoVendor {
     inherit pname version src;
-    hash = "sha256-RpNSJ4WKnKtqzR1qs223DAM4i0etb4ddL1lZ+PeduVU=";
+    hash = "sha256-mp+1Fw8xNBJD1DM8obAqYBP8erxXiP768+ifqRN1Uqs=";
   };
 
   postPatch = ''