diff --git a/LICENSE-3rdparty.csv b/LICENSE-3rdparty.csv
index 343268d61eed2..2e7e336472f6f 100644
--- a/LICENSE-3rdparty.csv
+++ b/LICENSE-3rdparty.csv
@@ -76,6 +76,7 @@ pyodbc,PyPI,MIT,Copyright (c) 2008 Michael Kleehammer
 pysmi,PyPI,BSD-2-Clause,Copyright (c) 2015-2020 Ilya Etingof <etingof@gmail.com>
 pysmi,PyPI,BSD-3-Clause,Copyright (c) 2015-2019 Ilya Etingof <etingof@gmail.com>
 pysmi,PyPI,BSD-3-Clause,Copyright (c) 2015-2020 Ilya Etingof <etingof@gmail.com>
+pysnmp,PyPI,BSD-2-Clause,"Copyright (c) 2005-2019, Ilya Etingof <etingof@gmail.com>"
 pysnmp,PyPI,BSD-3-Clause,"Copyright (c) 2005-2019, Ilya Etingof <etingof@gmail.com>"
 pysnmp-mibs,PyPI,BSD-3-Clause,"Copyright (c) 2005-2016, Ilya Etingof <ilya@glas.net>"
 python-binary-memcached,PyPI,MIT,Copyright (c) 2011 Jayson Reis
diff --git a/agent_requirements.in b/agent_requirements.in
index 67e5a25b6ff80..1d285c53da70e 100644
--- a/agent_requirements.in
+++ b/agent_requirements.in
@@ -59,7 +59,7 @@ protobuf==3.17.3; python_version < '3.0'
 protobuf==5.27.3; python_version > '3.0'
 psutil==5.9.0
 psycopg2-binary==2.9.9; python_version > '3.0'
-pyasn1==0.4.6
+pyasn1==0.4.8
 pycryptodomex==3.20.0
 pydantic==2.8.2; python_version > '3.0'
 pyjwt==1.7.1; python_version < '3.0'
@@ -71,9 +71,10 @@ pymysql==1.1.1; python_version > '3.0'
 pyodbc==5.1.0; (sys_platform != 'darwin' or platform_machine != 'arm64') and python_version > '3.0'
 pyopenssl==24.2.1; python_version > '3.0'
 pysmi==0.3.4; python_version < '3.0'
-pysmi==1.4.4; python_version > '3.0'
+pysmi==1.2.1; python_version > '3.0'
 pysnmp-mibs==0.1.6
-pysnmp==4.4.10
+pysnmp==4.4.10; python_version < '3.0' 
+pysnmp==5.1.0; python_version > '3.0'
 pysocks==1.7.1
 python-binary-memcached==0.26.1; sys_platform != 'win32' and python_version < '3.0'
 python-binary-memcached==0.31.2; sys_platform != 'win32' and python_version > '3.0'
diff --git a/snmp/changelog.d/18457.added b/snmp/changelog.d/18457.added
new file mode 100644
index 0000000000000..d2e6ed347b830
--- /dev/null
+++ b/snmp/changelog.d/18457.added
@@ -0,0 +1 @@
+Bump pysnmp for asyncore and py3.12 compatibility
\ No newline at end of file
diff --git a/snmp/pyproject.toml b/snmp/pyproject.toml
index b6fbc2c00f52a..a53aa3b49b855 100644
--- a/snmp/pyproject.toml
+++ b/snmp/pyproject.toml
@@ -42,12 +42,13 @@ deps = [
     "futures==3.4.0; python_version < '3.0'",
     "ipaddress==1.0.23; python_version < '3.0'",
     "ply==3.11",
-    "pyasn1==0.4.6",
+    "pyasn1==0.4.8",
     "pycryptodomex==3.20.0",
     "pysmi==0.3.4; python_version < '3.0'",
-    "pysmi==1.4.4; python_version > '3.0'",
+    "pysmi==1.2.1; python_version > '3.0'",
     "pysnmp-mibs==0.1.6",
-    "pysnmp==4.4.10",
+    "pysnmp==4.4.10; python_version < '3.0' ",
+    "pysnmp==5.1.0; python_version > '3.0'"
 ]
 
 [project.urls]