diff --git a/pom.xml b/pom.xml
index 7eaf4aaa3d5..87c4cdab56f 100755
--- a/pom.xml
+++ b/pom.xml
@@ -2262,7 +2262,7 @@
     <properties>
 
         <!--Carbon Identity Framework Version-->
-        <carbon.identity.framework.version>7.2.45</carbon.identity.framework.version>
+        <carbon.identity.framework.version>7.3.1</carbon.identity.framework.version>
         <carbon.identity.framework.version.range>[5.14.67, 8.0.0)</carbon.identity.framework.version.range>
 
         <!--SAML Common Utils Version-->