diff --git a/dependencyManagement/build.gradle.kts b/dependencyManagement/build.gradle.kts
index 201e0c9349d2..af8a78a5e717 100644
--- a/dependencyManagement/build.gradle.kts
+++ b/dependencyManagement/build.gradle.kts
@@ -26,7 +26,7 @@ val groovyVersion = "4.0.17"
 // configurations.testRuntimeClasspath.resolutionStrategy.force "com.google.guava:guava:19.0"
 
 val DEPENDENCY_BOMS = listOf(
-  "com.fasterxml.jackson:jackson-bom:2.16.0",
+  "com.fasterxml.jackson:jackson-bom:2.16.1",
   "com.squareup.okio:okio-bom:3.7.0", // see https://github.com/open-telemetry/opentelemetry-java/issues/5637
   "com.google.guava:guava-bom:33.0.0-jre",
   "org.apache.groovy:groovy-bom:${groovyVersion}",
diff --git a/examples/distro/smoke-tests/build.gradle b/examples/distro/smoke-tests/build.gradle
index 34fc67f22738..fb82e44e575b 100644
--- a/examples/distro/smoke-tests/build.gradle
+++ b/examples/distro/smoke-tests/build.gradle
@@ -4,7 +4,7 @@ plugins {
 
 dependencies {
   testImplementation("org.testcontainers:testcontainers:1.19.3")
-  testImplementation("com.fasterxml.jackson.core:jackson-databind:2.16.0")
+  testImplementation("com.fasterxml.jackson.core:jackson-databind:2.16.1")
   testImplementation("com.google.protobuf:protobuf-java-util:3.25.1")
   testImplementation("com.squareup.okhttp3:okhttp:4.12.0")
   testImplementation("io.opentelemetry.proto:opentelemetry-proto:1.0.0-alpha")
diff --git a/examples/extension/build.gradle b/examples/extension/build.gradle
index 4dcae902195a..f3591b86c90e 100644
--- a/examples/extension/build.gradle
+++ b/examples/extension/build.gradle
@@ -100,7 +100,7 @@ dependencies {
 
   //All dependencies below are only for tests
   testImplementation("org.testcontainers:testcontainers:1.19.3")
-  testImplementation("com.fasterxml.jackson.core:jackson-databind:2.16.0")
+  testImplementation("com.fasterxml.jackson.core:jackson-databind:2.16.1")
   testImplementation("com.google.protobuf:protobuf-java-util:3.25.1")
   testImplementation("com.squareup.okhttp3:okhttp:4.12.0")
   testImplementation("io.opentelemetry:opentelemetry-api")
diff --git a/licenses/jackson-annotations-2.16.0.jar/META-INF/LICENSE b/licenses/jackson-annotations-2.16.1.jar/META-INF/LICENSE
similarity index 100%
rename from licenses/jackson-annotations-2.16.0.jar/META-INF/LICENSE
rename to licenses/jackson-annotations-2.16.1.jar/META-INF/LICENSE
diff --git a/licenses/jackson-annotations-2.16.0.jar/META-INF/NOTICE b/licenses/jackson-annotations-2.16.1.jar/META-INF/NOTICE
similarity index 100%
rename from licenses/jackson-annotations-2.16.0.jar/META-INF/NOTICE
rename to licenses/jackson-annotations-2.16.1.jar/META-INF/NOTICE
diff --git a/licenses/jackson-core-2.16.0.jar/META-INF/LICENSE b/licenses/jackson-core-2.16.1.jar/META-INF/LICENSE
similarity index 100%
rename from licenses/jackson-core-2.16.0.jar/META-INF/LICENSE
rename to licenses/jackson-core-2.16.1.jar/META-INF/LICENSE
diff --git a/licenses/jackson-core-2.16.0.jar/META-INF/NOTICE b/licenses/jackson-core-2.16.1.jar/META-INF/NOTICE
similarity index 100%
rename from licenses/jackson-core-2.16.0.jar/META-INF/NOTICE
rename to licenses/jackson-core-2.16.1.jar/META-INF/NOTICE
diff --git a/licenses/jackson-databind-2.16.0.jar/META-INF/LICENSE b/licenses/jackson-databind-2.16.1.jar/META-INF/LICENSE
similarity index 100%
rename from licenses/jackson-databind-2.16.0.jar/META-INF/LICENSE
rename to licenses/jackson-databind-2.16.1.jar/META-INF/LICENSE
diff --git a/licenses/jackson-databind-2.16.0.jar/META-INF/NOTICE b/licenses/jackson-databind-2.16.1.jar/META-INF/NOTICE
similarity index 100%
rename from licenses/jackson-databind-2.16.0.jar/META-INF/NOTICE
rename to licenses/jackson-databind-2.16.1.jar/META-INF/NOTICE
diff --git a/licenses/jackson-dataformat-yaml-2.16.0.jar/META-INF/LICENSE b/licenses/jackson-dataformat-yaml-2.16.1.jar/META-INF/LICENSE
similarity index 100%
rename from licenses/jackson-dataformat-yaml-2.16.0.jar/META-INF/LICENSE
rename to licenses/jackson-dataformat-yaml-2.16.1.jar/META-INF/LICENSE
diff --git a/licenses/jackson-dataformat-yaml-2.16.0.jar/META-INF/NOTICE b/licenses/jackson-dataformat-yaml-2.16.1.jar/META-INF/NOTICE
similarity index 100%
rename from licenses/jackson-dataformat-yaml-2.16.0.jar/META-INF/NOTICE
rename to licenses/jackson-dataformat-yaml-2.16.1.jar/META-INF/NOTICE
diff --git a/licenses/jackson-jr-objects-2.16.0.jar/META-INF/LICENSE b/licenses/jackson-jr-objects-2.16.1.jar/META-INF/LICENSE
similarity index 100%
rename from licenses/jackson-jr-objects-2.16.0.jar/META-INF/LICENSE
rename to licenses/jackson-jr-objects-2.16.1.jar/META-INF/LICENSE
diff --git a/licenses/jackson-jr-objects-2.16.0.jar/META-INF/NOTICE b/licenses/jackson-jr-objects-2.16.1.jar/META-INF/NOTICE
similarity index 100%
rename from licenses/jackson-jr-objects-2.16.0.jar/META-INF/NOTICE
rename to licenses/jackson-jr-objects-2.16.1.jar/META-INF/NOTICE
diff --git a/licenses/licenses.md b/licenses/licenses.md
index f00ad55233e0..76b1d871aac3 100644
--- a/licenses/licenses.md
+++ b/licenses/licenses.md
@@ -1,7 +1,7 @@
 
 # javaagent
 ## Dependency License Report
-_2023-12-21 09:21:05 EET_
+_2023-12-24 14:35:42 EET_
 ## Apache License, Version 2.0
 
 **1** **Group:** `com.blogspot.mydailyjava` **Name:** `weak-lock-free` **Version:** `0.18`
@@ -9,40 +9,40 @@ _2023-12-21 09:21:05 EET_
 > - **POM Project URL**: [https://github.com/raphw/weak-lock-free](https://github.com/raphw/weak-lock-free)
 > - **POM License**: Apache License, Version 2.0 - [http://www.apache.org/licenses/LICENSE-2.0](http://www.apache.org/licenses/LICENSE-2.0)
 
-**2** **Group:** `com.fasterxml.jackson.core` **Name:** `jackson-annotations` **Version:** `2.16.0`
+**2** **Group:** `com.fasterxml.jackson.core` **Name:** `jackson-annotations` **Version:** `2.16.1`
 > - **Project URL**: [https://github.com/FasterXML/jackson](https://github.com/FasterXML/jackson)
 > - **Manifest License**: Apache License, Version 2.0 (Not Packaged)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)
-> - **Embedded license files**: [jackson-annotations-2.16.0.jar/META-INF/LICENSE](jackson-annotations-2.16.0.jar/META-INF/LICENSE)
-    - [jackson-annotations-2.16.0.jar/META-INF/NOTICE](jackson-annotations-2.16.0.jar/META-INF/NOTICE)
+> - **Embedded license files**: [jackson-annotations-2.16.1.jar/META-INF/LICENSE](jackson-annotations-2.16.1.jar/META-INF/LICENSE)
+    - [jackson-annotations-2.16.1.jar/META-INF/NOTICE](jackson-annotations-2.16.1.jar/META-INF/NOTICE)
 
-**3** **Group:** `com.fasterxml.jackson.core` **Name:** `jackson-core` **Version:** `2.16.0`
+**3** **Group:** `com.fasterxml.jackson.core` **Name:** `jackson-core` **Version:** `2.16.1`
 > - **Project URL**: [https://github.com/FasterXML/jackson-core](https://github.com/FasterXML/jackson-core)
 > - **Manifest License**: Apache License, Version 2.0 (Not Packaged)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)
-> - **Embedded license files**: [jackson-core-2.16.0.jar/META-INF/LICENSE](jackson-core-2.16.0.jar/META-INF/LICENSE)
-    - [jackson-core-2.16.0.jar/META-INF/NOTICE](jackson-core-2.16.0.jar/META-INF/NOTICE)
+> - **Embedded license files**: [jackson-core-2.16.1.jar/META-INF/LICENSE](jackson-core-2.16.1.jar/META-INF/LICENSE)
+    - [jackson-core-2.16.1.jar/META-INF/NOTICE](jackson-core-2.16.1.jar/META-INF/NOTICE)
 
-**4** **Group:** `com.fasterxml.jackson.core` **Name:** `jackson-databind` **Version:** `2.16.0`
+**4** **Group:** `com.fasterxml.jackson.core` **Name:** `jackson-databind` **Version:** `2.16.1`
 > - **Project URL**: [https://github.com/FasterXML/jackson](https://github.com/FasterXML/jackson)
 > - **Manifest License**: Apache License, Version 2.0 (Not Packaged)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)
-> - **Embedded license files**: [jackson-databind-2.16.0.jar/META-INF/LICENSE](jackson-databind-2.16.0.jar/META-INF/LICENSE)
-    - [jackson-databind-2.16.0.jar/META-INF/NOTICE](jackson-databind-2.16.0.jar/META-INF/NOTICE)
+> - **Embedded license files**: [jackson-databind-2.16.1.jar/META-INF/LICENSE](jackson-databind-2.16.1.jar/META-INF/LICENSE)
+    - [jackson-databind-2.16.1.jar/META-INF/NOTICE](jackson-databind-2.16.1.jar/META-INF/NOTICE)
 
-**5** **Group:** `com.fasterxml.jackson.dataformat` **Name:** `jackson-dataformat-yaml` **Version:** `2.16.0`
+**5** **Group:** `com.fasterxml.jackson.dataformat` **Name:** `jackson-dataformat-yaml` **Version:** `2.16.1`
 > - **Project URL**: [https://github.com/FasterXML/jackson-dataformats-text](https://github.com/FasterXML/jackson-dataformats-text)
 > - **Manifest License**: Apache License, Version 2.0 (Not Packaged)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)
-> - **Embedded license files**: [jackson-dataformat-yaml-2.16.0.jar/META-INF/LICENSE](jackson-dataformat-yaml-2.16.0.jar/META-INF/LICENSE)
-    - [jackson-dataformat-yaml-2.16.0.jar/META-INF/NOTICE](jackson-dataformat-yaml-2.16.0.jar/META-INF/NOTICE)
+> - **Embedded license files**: [jackson-dataformat-yaml-2.16.1.jar/META-INF/LICENSE](jackson-dataformat-yaml-2.16.1.jar/META-INF/LICENSE)
+    - [jackson-dataformat-yaml-2.16.1.jar/META-INF/NOTICE](jackson-dataformat-yaml-2.16.1.jar/META-INF/NOTICE)
 
-**6** **Group:** `com.fasterxml.jackson.jr` **Name:** `jackson-jr-objects` **Version:** `2.16.0`
+**6** **Group:** `com.fasterxml.jackson.jr` **Name:** `jackson-jr-objects` **Version:** `2.16.1`
 > - **Project URL**: [https://github.com/FasterXML/jackson-jr](https://github.com/FasterXML/jackson-jr)
 > - **Manifest License**: Apache License, Version 2.0 (Not Packaged)
 > - **POM License**: Apache License, Version 2.0 - [https://www.apache.org/licenses/LICENSE-2.0](https://www.apache.org/licenses/LICENSE-2.0)
-> - **Embedded license files**: [jackson-jr-objects-2.16.0.jar/META-INF/LICENSE](jackson-jr-objects-2.16.0.jar/META-INF/LICENSE)
-    - [jackson-jr-objects-2.16.0.jar/META-INF/NOTICE](jackson-jr-objects-2.16.0.jar/META-INF/NOTICE)
+> - **Embedded license files**: [jackson-jr-objects-2.16.1.jar/META-INF/LICENSE](jackson-jr-objects-2.16.1.jar/META-INF/LICENSE)
+    - [jackson-jr-objects-2.16.1.jar/META-INF/NOTICE](jackson-jr-objects-2.16.1.jar/META-INF/NOTICE)
 
 **7** **Group:** `com.googlecode.concurrentlinkedhashmap` **Name:** `concurrentlinkedhashmap-lru` **Version:** `1.4.2`
 > - **Manifest License**: Apache License, Version 2.0 (Not Packaged)