diff --git a/CHANGELOG.md b/CHANGELOG.md
index c837915..4c8e3c9 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,13 @@
 
 See [here](https://github.com/charliermarsh/ruff/releases) for the Ruff release notes.
 
+## 2023.54.0
+
+This release fixes a bug in which Ruff overwrite files when invalid settings were provided
+via `ruff.lint.args` or `ruff.format.args`.
+
+**Full Changelog**: https://github.com/astral-sh/ruff-vscode/compare/2023.52.0...2023.54.0
+
 ## 2023.52.0
 
 This release upgrades the bundled Ruff version to v0.1.8.
diff --git a/package-lock.json b/package-lock.json
index 10d8a6c..b6f2f58 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "ruff",
-  "version": "2023.52.0",
+  "version": "2023.54.0",
   "lockfileVersion": 2,
   "requires": true,
   "packages": {
     "": {
       "name": "ruff",
-      "version": "2023.52.0",
+      "version": "2023.54.0",
       "license": "MIT",
       "dependencies": {
         "fs-extra": "^11.1.1",
diff --git a/package.json b/package.json
index 4fbe641..3231b15 100644
--- a/package.json
+++ b/package.json
@@ -2,7 +2,7 @@
   "name": "ruff",
   "displayName": "Ruff",
   "description": "A Visual Studio Code extension with support for the Ruff linter.",
-  "version": "2023.52.0",
+  "version": "2023.54.0",
   "serverInfo": {
     "name": "Ruff",
     "module": "ruff"
diff --git a/pyproject.toml b/pyproject.toml
index c6de252..8c1eed0 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -4,7 +4,7 @@ build-backend = "hatchling.build"
 
 [project]
 name = "ruff-vscode"
-version = "2023.52.0"
+version = "2023.54.0"
 description = "A Visual Studio Code extension with support for the Ruff linter."
 authors = [
   { name = "Charlie Marsh", email = "charlie.r.marsh@gmail.com" },
@@ -16,7 +16,7 @@ requires-python = ">=3.7"
 license = "MIT"
 dependencies = [
   "packaging>=23.1",
-  "ruff-lsp==0.0.46",
+  "ruff-lsp==0.0.47",
   "ruff==0.1.8",
 ]
 
diff --git a/requirements-dev.txt b/requirements-dev.txt
index a105095..dbfd4f8 100644
--- a/requirements-dev.txt
+++ b/requirements-dev.txt
@@ -95,9 +95,9 @@ ruff==0.1.8 \
     # via
     #   ruff-lsp
     #   ruff-vscode (./pyproject.toml)
-ruff-lsp==0.0.46 \
-    --hash=sha256:37e1e7b40b2ea0309a1e97e46b016c426d1df6b51664a2af9024edda25a1032d \
-    --hash=sha256:ebf3a3c41473f7373dac456b11d30728e083d73ced730d9ea2d941f06ba8538d
+ruff-lsp==0.0.47 \
+    --hash=sha256:039989961d54ffa0d0702317de5022c5f68102fb8298d7e78050edbc63f14c84 \
+    --hash=sha256:ff535835411a93fe2e7c97eb094ce376681fc28e44ec6451cd0542d8c152faa4
     # via ruff-vscode (./pyproject.toml)
 tomli==2.0.1 \
     --hash=sha256:939de3e7a6161af0c887ef91b7d41a53e7c5a1ca976325f429cb46ea9bc30ecc \
diff --git a/requirements.txt b/requirements.txt
index fc8346f..e90b613 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -59,9 +59,9 @@ ruff==0.1.8 \
     # via
     #   ruff-lsp
     #   ruff-vscode (./pyproject.toml)
-ruff-lsp==0.0.46 \
-    --hash=sha256:37e1e7b40b2ea0309a1e97e46b016c426d1df6b51664a2af9024edda25a1032d \
-    --hash=sha256:ebf3a3c41473f7373dac456b11d30728e083d73ced730d9ea2d941f06ba8538d
+ruff-lsp==0.0.47 \
+    --hash=sha256:039989961d54ffa0d0702317de5022c5f68102fb8298d7e78050edbc63f14c84 \
+    --hash=sha256:ff535835411a93fe2e7c97eb094ce376681fc28e44ec6451cd0542d8c152faa4
     # via ruff-vscode (./pyproject.toml)
 typing-extensions==4.7.1 \
     --hash=sha256:440d5dd3af93b060174bf433bccd69b0babc3b15b1a8dca43789fd7f61514b36 \