diff --git a/NEWS.md b/NEWS.md
index 51239d0575..366db257a7 100644
--- a/NEWS.md
+++ b/NEWS.md
@@ -71,7 +71,7 @@ The following bundled gems are updated.
 * rake 13.2.1
 * test-unit 3.6.2
 * rexml 3.3.1
-* net-ftp 0.3.6
+* net-ftp 0.3.7
 * net-imap 0.4.14
 * net-smtp 0.5.0
 * rbs 3.5.1
diff --git a/gems/bundled_gems b/gems/bundled_gems
index aa609bd36e..823b79182e 100644
--- a/gems/bundled_gems
+++ b/gems/bundled_gems
@@ -12,7 +12,7 @@ rake            13.2.1  https://github.com/ruby/rake
 test-unit       3.6.2   https://github.com/test-unit/test-unit
 rexml           3.3.1   https://github.com/ruby/rexml
 rss             0.3.0   https://github.com/ruby/rss
-net-ftp         0.3.6   https://github.com/ruby/net-ftp
+net-ftp         0.3.7   https://github.com/ruby/net-ftp
 net-imap        0.4.14  https://github.com/ruby/net-imap
 net-pop         0.1.2   https://github.com/ruby/net-pop
 net-smtp        0.5.0   https://github.com/ruby/net-smtp