diff --git a/ruby/Gemfile b/ruby/Gemfile
index 0ebf8d5cf..cf8077088 100644
--- a/ruby/Gemfile
+++ b/ruby/Gemfile
@@ -1,5 +1,5 @@
 source "https://rubygems.org"
 
-gem "business", "~> 1.0.0"
+gem "business", "~> 2.3.0"
 gem "uk_phone_numbers", "~> 0.1.0"
 gem "test-dep", git: "https://github.com/feelepxyz/test-dep", tag: "v1.0.0"
diff --git a/ruby/Gemfile.lock b/ruby/Gemfile.lock
index 82c6e9c77..b9507bd0c 100644
--- a/ruby/Gemfile.lock
+++ b/ruby/Gemfile.lock
@@ -8,14 +8,14 @@ GIT
 GEM
   remote: https://rubygems.org/
   specs:
-    business (1.0.0)
+    business (2.3.0)
     uk_phone_numbers (0.1.0)
 
 PLATFORMS
   ruby
 
 DEPENDENCIES
-  business (~> 1.0.0)
+  business (~> 2.3.0)
   test-dep!
   uk_phone_numbers (~> 0.1.0)