diff --git a/CHANGELOG.md b/CHANGELOG.md
index 92fe7890..dd569737 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,16 @@
+## v1.3.1 (January 10, 2025)
+
+### New features
+* Fix Rust build (#275)
+* Update user agent for DCP (#276)
+* Address Rust security issue (#279)
+* Refactor(benchmarks): Overhaul Lightning Checkpointing, DCP, dataset scenarios; add DynamoDB writes and results exploitation notebook (#274, #280, #285, #286)
+* Add single rank PyTorch checkpoint benchmark (#289)
+* Update torch version restriction (<2.5.0) and bind torchdata to last version with DataPipes (#283)
+
+### Breaking changes
+* No breaking changes.
+
 ## v1.3.0 (November 21, 2024)
 
 ### New features
diff --git a/s3torchconnector/pyproject.toml b/s3torchconnector/pyproject.toml
index 1f96c0c0..22ef04ac 100644
--- a/s3torchconnector/pyproject.toml
+++ b/s3torchconnector/pyproject.toml
@@ -4,7 +4,7 @@ build-backend = "setuptools.build_meta"
 
 [project]
 name = "s3torchconnector"
-version = "1.3.0"
+version = "1.3.1"
 description = "S3 connector integration for PyTorch"
 requires-python = ">=3.8,<3.13"
 readme = "README.md"
@@ -23,7 +23,7 @@ classifiers = [
 
 dependencies = [
     "torch >= 2.0.1, != 2.5.0",
-    "s3torchconnectorclient >= 1.3.0",
+    "s3torchconnectorclient >= 1.3.1",
 ]
 
 [project.optional-dependencies]
diff --git a/s3torchconnectorclient/Cargo.lock b/s3torchconnectorclient/Cargo.lock
index 7c8c71cb..9c0ebfed 100644
--- a/s3torchconnectorclient/Cargo.lock
+++ b/s3torchconnectorclient/Cargo.lock
@@ -1201,7 +1201,7 @@ checksum = "f3cb5ba0dc43242ce17de99c180e96db90b235b8a9fdc9543c96d2209116bd9f"
 
 [[package]]
 name = "s3torchconnectorclient"
-version = "1.3.0"
+version = "1.3.1"
 dependencies = [
  "built",
  "futures",
diff --git a/s3torchconnectorclient/Cargo.toml b/s3torchconnectorclient/Cargo.toml
index f188a009..f37a6c0f 100644
--- a/s3torchconnectorclient/Cargo.toml
+++ b/s3torchconnectorclient/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "s3torchconnectorclient"
-version = "1.3.0"
+version = "1.3.1"
 edition = "2021"
 publish = false
 license = "BSD-3-Clause"
diff --git a/s3torchconnectorclient/pyproject.toml b/s3torchconnectorclient/pyproject.toml
index 5dcbdb82..25833ee0 100644
--- a/s3torchconnectorclient/pyproject.toml
+++ b/s3torchconnectorclient/pyproject.toml
@@ -4,7 +4,7 @@ build-backend = "setuptools.build_meta"
 
 [project]
 name = "s3torchconnectorclient"
-version = "1.3.0"
+version = "1.3.1"
 description = "Internal S3 client implementation for s3torchconnector"
 requires-python = ">=3.8,<3.13"
 readme = "README.md"