diff --git a/Makefile b/Makefile
index 73e9122eca37403dc7959a40ece168e31bd942aa..d9bad5aa9be3583256b7ad443e517e2b9919a322 100644
--- a/Makefile
+++ b/Makefile
@@ -5,10 +5,10 @@ MKDIR  ?= mkdir
 DIST_DIR ?= $(CURDIR)/dist
 
 LIB_NAME := nvidia-container-runtime
-LIB_VERSION := 3.4.0
+LIB_VERSION := 3.4.1
 PKG_REV := 1
 
-TOOLKIT_VERSION := 1.3.0
+TOOLKIT_VERSION := 1.4.1
 GOLANG_VERSION  := 1.15.6
 
 # Supported OSs by architecture
diff --git a/debian/changelog b/debian/changelog
index 91cd07b5d7a99ae20c0a1b7b4f635864d9218c15..4f878caacf0d44dbbd51ec7efdb77545becb95b5 100644
--- a/debian/changelog
+++ b/debian/changelog
@@ -1,3 +1,12 @@
+nvidia-container-runtime (3.4.1-1) UNRELEASED; urgency=medium
+
+  * Update README to list 'compute' as part of the default capabilities
+  * Switch to gomod for vendoring
+  * Update to Go 1.15.6 for builds
+  * Add dependence on nvidia-container-toolkit >= 1.4.1
+
+ -- NVIDIA CORPORATION <cudatools@nvidia.com>  Mon, 25 Jan 2021 02:34:42 +0000
+
 nvidia-container-runtime (3.4.0-1) UNRELEASED; urgency=medium
 
   * Bump version to v3.4.0
diff --git a/rpm/SPECS/nvidia-container-runtime.spec b/rpm/SPECS/nvidia-container-runtime.spec
index 3b44f3b18819478e298114da56fc3aa48a860063..2730851ec0efc5d2aaf6af823a6f94c123b08b38 100644
--- a/rpm/SPECS/nvidia-container-runtime.spec
+++ b/rpm/SPECS/nvidia-container-runtime.spec
@@ -40,6 +40,12 @@ install -m 755 -t %{buildroot}%{_bindir} nvidia-container-runtime
 %{_bindir}/nvidia-container-runtime
 
 %changelog
+* Mon Jan 25 2021 NVIDIA CORPORATION <cudatools@nvidia.com> 3.4.1-1
+- Update README to list 'compute' as part of the default capabilities
+- Switch to gomod for vendoring
+- Update to Go 1.15.6 for builds
+- Add dependence on nvidia-container-toolkit >= 1.4.1
+
 * Wed Sep 16 2020 NVIDIA CORPORATION <cudatools@nvidia.com> 3.4.0-1
 - Bump version to v3.4.0
 - Add dependence on nvidia-container-toolkit >= 1.3.0