diff --git a/VERSION b/VERSION
index efb1eb44f..6c105e676 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-3.1.40
+3.1.41
diff --git a/doc/source/changes.rst b/doc/source/changes.rst
index 71f0bd74c..79628bee2 100644
--- a/doc/source/changes.rst
+++ b/doc/source/changes.rst
@@ -2,6 +2,18 @@
 Changelog
 =========
 
+3.1.41
+======
+
+This release is relevant for security as it fixes a possible arbitary
+code execution on Windows.
+
+See this PR for details: https://github.com/gitpython-developers/GitPython/pull/1792
+An advisory is available soon at: https://github.com/gitpython-developers/GitPython/security/advisories/GHSA-2mqj-m65w-jghx
+
+See the following for all changes.
+https://github.com/gitpython-developers/GitPython/releases/tag/3.1.40
+
 3.1.40
 ======