diff --git a/CHANGELOG.md b/CHANGELOG.md
index 5e173f64d606..c3c49cdc45f3 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,11 @@
 # CHANGELOG
 Inspired from [Keep a Changelog](https://keepachangelog.com/en/1.0.0/)
 
+## [Unreleased]
+
+### 🛠 Maintenance
+- Increment version to 2.4.2 ([#3086](https://github.com/opensearch-project/OpenSearch-Dashboards/pull/3086))
+
 ## [2.4.0]
 
 ### 💥 Breaking Changes
diff --git a/package.json b/package.json
index b9cceb35cec3..ada902233d16 100644
--- a/package.json
+++ b/package.json
@@ -11,7 +11,7 @@
     "dashboarding"
   ],
   "private": true,
-  "version": "2.4.1",
+  "version": "2.4.2",
   "branch": "2.4",
   "types": "./opensearch_dashboards.d.ts",
   "tsdocMetadata": "./build/tsdoc-metadata.json",