diff --git a/CHANGELOG.md b/CHANGELOG.md
index eac0e2f..5d9c213 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,10 @@
 Changelog
 =========
 
+5.3.4
+-----
+- Patching security-impacting dependencies - activesupport, git, arr-pm - PDFR-43151.
+
 5.3.1
 -----
 - Update goreleaser to generate a new homebrew formula. No functional changes to the code
diff --git a/DRAUPNIR_VERSION b/DRAUPNIR_VERSION
index 74664af..e0a61e6 100644
--- a/DRAUPNIR_VERSION
+++ b/DRAUPNIR_VERSION
@@ -1 +1 @@
-5.3.3
+5.3.4