diff --git a/Dockerfile b/Dockerfile
index 053d0988..b2e9a8cf 100644
--- a/Dockerfile
+++ b/Dockerfile
@@ -1,4 +1,4 @@
-FROM ruby:2.7.2@sha256:0fee695f3bf397bb521d8ced9e30963835fac44bc27f46393a5b91941c8a40aa as builder
+FROM ruby:3.1.1@sha256:02132b99bb12b791701ae9bd86119eb879e49478b7b5d840c6c7cc9281ee63c0 as builder
 MAINTAINER security@coinbase.com
 
 RUN apt-get update && apt-get upgrade -y --no-install-recommends && apt-get install -y --no-install-recommends \