diff --git a/msal/application.py b/msal/application.py
index 61e61580..caa4b830 100644
--- a/msal/application.py
+++ b/msal/application.py
@@ -25,7 +25,7 @@
 
 
 # The __init__.py will import this. Not the other way around.
-__version__ = "1.18.0"  # When releasing, also check and bump our dependencies's versions if needed
+__version__ = "1.19.0"  # When releasing, also check and bump our dependencies's versions if needed
 
 logger = logging.getLogger(__name__)
 _AUTHORITY_TYPE_CLOUDSHELL = "CLOUDSHELL"
diff --git a/setup.py b/setup.py
index 814627f9..64fd07df 100644
--- a/setup.py
+++ b/setup.py
@@ -76,7 +76,7 @@
         'requests>=2.0.0,<3',
         'PyJWT[crypto]>=1.0.0,<3',  # MSAL does not use jwt.decode(), therefore is insusceptible to CVE-2022-29217 so no need to bump to PyJWT 2.4+
 
-        'cryptography>=0.6,<40',
+        'cryptography>=0.6,<41',
             # load_pem_private_key() is available since 0.6
             # https://github.com/pyca/cryptography/blob/master/CHANGELOG.rst#06---2014-09-29
             #