diff --git a/ballerina/Ballerina.toml b/ballerina/Ballerina.toml
index 3050a629a..c4b588144 100644
--- a/ballerina/Ballerina.toml
+++ b/ballerina/Ballerina.toml
@@ -1,7 +1,7 @@
 [package]
 org = "ballerina"
 name = "websocket"
-version = "2.6.0"
+version = "2.6.1"
 authors = ["Ballerina"]
 keywords = ["ws", "network", "bi-directional", "streaming", "service", "client"]
 repository = "https://github.com/ballerina-platform/module-ballerina-websocket"
@@ -12,14 +12,14 @@ distribution = "2201.4.0"
 [[platform.java11.dependency]]
 groupId = "io.ballerina.stdlib"
 artifactId = "websocket-native"
-version = "2.6.0"
-path = "../native/build/libs/websocket-native-2.6.0.jar"
+version = "2.6.1"
+path = "../native/build/libs/websocket-native-2.6.1-SNAPSHOT.jar"
 
 [[platform.java11.dependency]]
 groupId = "io.ballerina.stdlib"
 artifactId = "http-native"
-version = "2.6.0"
-path = "./lib/http-native-2.6.0.jar"
+version = "2.6.2"
+path = "./lib/http-native-2.6.2-20231013-151500-b205e1d.jar"
 
 [[platform.java11.dependency]]
 groupId = "io.ballerina.stdlib"
@@ -36,51 +36,51 @@ path = "./lib/constraint-native-1.1.0.jar"
 [[platform.java11.dependency]]
 groupId = "io.netty"
 artifactId = "netty-common"
-version = "4.1.86.Final"
-path = "./lib/netty-common-4.1.86.Final.jar"
+version = "4.1.100.Final"
+path = "./lib/netty-common-4.1.100.Final.jar"
 
 [[platform.java11.dependency]]
 groupId = "io.netty"
 artifactId = "netty-buffer"
-version = "4.1.86.Final"
-path = "./lib/netty-buffer-4.1.86.Final.jar"
+version = "4.1.100.Final"
+path = "./lib/netty-buffer-4.1.100.Final.jar"
 
 [[platform.java11.dependency]]
 groupId = "io.netty"
 artifactId = "netty-transport"
-version = "4.1.86.Final"
-path = "./lib/netty-transport-4.1.86.Final.jar"
+version = "4.1.100.Final"
+path = "./lib/netty-transport-4.1.100.Final.jar"
 
 [[platform.java11.dependency]]
 groupId = "io.netty"
 artifactId = "netty-resolver"
-version = "4.1.86.Final"
-path = "./lib/netty-resolver-4.1.86.Final.jar"
+version = "4.1.100.Final"
+path = "./lib/netty-resolver-4.1.100.Final.jar"
 
 [[platform.java11.dependency]]
 groupId = "io.netty"
 artifactId = "netty-handler"
-version = "4.1.86.Final"
-path = "./lib/netty-handler-4.1.86.Final.jar"
+version = "4.1.100.Final"
+path = "./lib/netty-handler-4.1.100.Final.jar"
 
 [[platform.java11.dependency]]
 groupId = "io.netty"
 artifactId = "netty-codec-http"
-version = "4.1.86.Final"
-path = "./lib/netty-codec-http-4.1.86.Final.jar"
+version = "4.1.100.Final"
+path = "./lib/netty-codec-http-4.1.100.Final.jar"
 
 [[platform.java11.dependency]]
 groupId = "io.netty"
 artifactId = "netty-codec"
-version = "4.1.86.Final"
-path = "./lib/netty-codec-4.1.86.Final.jar"
+version = "4.1.100.Final"
+path = "./lib/netty-codec-4.1.100.Final.jar"
 
 [[platform.java11.dependency]]
 groupId = "io.netty"
 artifactId = "netty-handler-proxy"
-version = "4.1.86.Final"
-path = "./lib/netty-handler-proxy-4.1.86.Final.jar"
+version = "4.1.100.Final"
+path = "./lib/netty-handler-proxy-4.1.100.Final.jar"
 
 [[platform.java11.dependency]]
-path = "../test-utils/build/libs/websocket-test-utils-2.6.0.jar"
+path = "../test-utils/build/libs/websocket-test-utils-2.6.1-SNAPSHOT.jar"
 scope = "testOnly"
diff --git a/ballerina/CompilerPlugin.toml b/ballerina/CompilerPlugin.toml
index 47ace53c7..c359995b5 100644
--- a/ballerina/CompilerPlugin.toml
+++ b/ballerina/CompilerPlugin.toml
@@ -3,4 +3,4 @@ id = "websocket-compiler-plugin"
 class = "io.ballerina.stdlib.websocket.plugin.WebSocketCompilerPlugin"
 
 [[dependency]]
-path = "../compiler-plugin/build/libs/websocket-compiler-plugin-2.6.0.jar"
+path = "../compiler-plugin/build/libs/websocket-compiler-plugin-2.6.1-SNAPSHOT.jar"
diff --git a/changelog.md b/changelog.md
index bb0d7ad34..af9474315 100644
--- a/changelog.md
+++ b/changelog.md
@@ -5,6 +5,11 @@ The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
 
 ## [Unreleased]
 
+### Fixed
+- [Address netty vulnerability: CVE-2023-4586](https://github.com/ballerina-platform/ballerina-standard-library/issues/4908)
+
+## [2.6.0] - 2023-01-20
+
 ### Added
 - [Implement dispatching to custom remote functions](https://github.com/ballerina-platform/ballerina-standard-library/issues/3670)
 
diff --git a/gradle.properties b/gradle.properties
index 720b005ac..8052aa746 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -1,9 +1,9 @@
 org.gradle.caching=true
 group=io.ballerina.stdlib
-version=2.6.0
+version=2.6.1-SNAPSHOT
 ballerinaLangVersion=2201.4.0
 ballerinaTomlParserVersion=1.2.2
-nettyVersion=4.1.86.Final
+nettyVersion=4.1.100.Final
 slf4jVersion=1.7.30
 puppycrawlCheckstyleVersion=8.18
 unirestVersion=1.4.9
@@ -12,7 +12,7 @@ ballerinaGradlePluginVersion=1.0.0
 gsonVersion=2.8.8
 
 stdlibIoVersion=1.4.0
-stdlibHttpVersion=2.6.0
+stdlibHttpVersion=2.6.2
 stdlibRegexVersion=1.3.2
 stdlibOsVersion=1.6.0
 stdlibTimeVersion=2.2.3
@@ -24,7 +24,7 @@ stdlibMimeVersion=2.6.0
 stdlibCacheVersion=3.4.0
 stdlibAuthVersion=2.6.0
 stdlibJwtVersion=2.6.0
-stdlibOAuth2Version=2.6.0
+stdlibOAuth2Version=2.6.1
 stdlibConstraintVersion=1.1.0
 stdlibUuidVersion=1.4.0
 stdlibUrlVersion=2.2.3