diff --git a/go.mod b/go.mod
index b55d632..4909986 100644
--- a/go.mod
+++ b/go.mod
@@ -2,4 +2,4 @@ module github.com/conduitio/bwlimit
 
 go 1.20
 
-require golang.org/x/time v0.3.0
+require golang.org/x/time v0.4.0
diff --git a/go.sum b/go.sum
index f8a07e8..c106b1e 100644
--- a/go.sum
+++ b/go.sum
@@ -1,2 +1,2 @@
-golang.org/x/time v0.3.0 h1:rg5rLMjNzMS1RkNLzCG38eapWhnYLFYXDXj2gOlr8j4=
-golang.org/x/time v0.3.0/go.mod h1:tRJNPiyCQ0inRvYxbN9jk5I+vvW/OXSQhTDSoE431IQ=
+golang.org/x/time v0.4.0 h1:Z81tqI5ddIoXDPvVQ7/7CC9TnLM7ubaFG2qXYd5BbYY=
+golang.org/x/time v0.4.0/go.mod h1:3BpzKBy/shNhVucY/MWOyx10tF3SFh9QdLuxbVysPQM=