diff --git a/.changelog/v19.0.0/dependencies/3207-bump-ics.md b/.changelog/v19.0.0/dependencies/3207-bump-ics.md
deleted file mode 100644
index a71f34167d3..00000000000
--- a/.changelog/v19.0.0/dependencies/3207-bump-ics.md
+++ /dev/null
@@ -1,3 +0,0 @@
-- Bump [ICS](https://github.com/cosmos/interchain-security) to
-    [v5.1.0](https://github.com/cosmos/interchain-security/releases/tag/v5.1.0)
-    ([\#3207](https://github.com/cosmos/gaia/pull/3207))
diff --git a/.changelog/v19.0.0/dependencies/3237-bump-ics.md b/.changelog/v19.0.0/dependencies/3237-bump-ics.md
new file mode 100644
index 00000000000..612f1eb0e3c
--- /dev/null
+++ b/.changelog/v19.0.0/dependencies/3237-bump-ics.md
@@ -0,0 +1,3 @@
+- Bump [ICS](https://github.com/cosmos/interchain-security) to
+    [v5.1.1](https://github.com/cosmos/interchain-security/releases/tag/v5.1.1)
+    ([\#3237](https://github.com/cosmos/gaia/pull/3237))
diff --git a/.changelog/v19.0.0/state-breaking/3207-bump-ics.md b/.changelog/v19.0.0/state-breaking/3207-bump-ics.md
deleted file mode 100644
index a71f34167d3..00000000000
--- a/.changelog/v19.0.0/state-breaking/3207-bump-ics.md
+++ /dev/null
@@ -1,3 +0,0 @@
-- Bump [ICS](https://github.com/cosmos/interchain-security) to
-    [v5.1.0](https://github.com/cosmos/interchain-security/releases/tag/v5.1.0)
-    ([\#3207](https://github.com/cosmos/gaia/pull/3207))
diff --git a/.changelog/v19.0.0/state-breaking/3237-bump-ics.md b/.changelog/v19.0.0/state-breaking/3237-bump-ics.md
new file mode 100644
index 00000000000..612f1eb0e3c
--- /dev/null
+++ b/.changelog/v19.0.0/state-breaking/3237-bump-ics.md
@@ -0,0 +1,3 @@
+- Bump [ICS](https://github.com/cosmos/interchain-security) to
+    [v5.1.1](https://github.com/cosmos/interchain-security/releases/tag/v5.1.1)
+    ([\#3237](https://github.com/cosmos/gaia/pull/3237))
diff --git a/.changelog/v19.0.0/summary.md b/.changelog/v19.0.0/summary.md
index 0da7f0b54fd..249482b8ab7 100644
--- a/.changelog/v19.0.0/summary.md
+++ b/.changelog/v19.0.0/summary.md
@@ -1 +1 @@
-*July 23nd, 2024*
+*July 29th, 2024*
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 9cf29079772..6e51817ac35 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,16 +2,13 @@
 
 ## v19.0.0
 
-*July 23nd, 2024*
+*July 29th, 2024*
 
 ### DEPENDENCIES
 
 - Bump [cometbft](https://github.com/cometbft/cometbft) to
     [v0.38.9](https://github.com/cometbft/cometbft/releases/tag/v0.38.9)
     ([\#3171](https://github.com/cosmos/gaia/pull/3171))
-- Bump [ICS](https://github.com/cosmos/interchain-security) to
-    [v5.1.0](https://github.com/cosmos/interchain-security/releases/tag/v5.1.0)
-    ([\#3207](https://github.com/cosmos/gaia/pull/3207))
 - Bump [cosmos-sdk](https://github.com/cosmos/cosmos-sdk) to
     [v0.50.8-lsm](https://github.com/cosmos/cosmos-sdk/releases/tag/v0.50.8-lsm)
     ([\#3207](https://github.com/cosmos/gaia/pull/3207))
@@ -27,6 +24,9 @@
 - Bump [ibc-go](https://github.com/cosmos/ibc-go) to
     [v8.4.0](https://github.com/cosmos/ibc-go/releases/tag/v8.4.0)
     ([\#3233](https://github.com/cosmos/gaia/pull/3233))
+- Bump [ICS](https://github.com/cosmos/interchain-security) to
+    [v5.1.1](https://github.com/cosmos/interchain-security/releases/tag/v5.1.1)
+    ([\#3237](https://github.com/cosmos/gaia/pull/3237))
 
 ### IMPROVEMENTS
 
@@ -38,9 +38,6 @@
 - Bump [cometbft](https://github.com/cometbft/cometbft) to
     [v0.38.9](https://github.com/cometbft/cometbft/releases/tag/v0.38.9)
     ([\#3171](https://github.com/cosmos/gaia/pull/3171))
-- Bump [ICS](https://github.com/cosmos/interchain-security) to
-    [v5.1.0](https://github.com/cosmos/interchain-security/releases/tag/v5.1.0)
-    ([\#3207](https://github.com/cosmos/gaia/pull/3207))
 - Bump [cosmos-sdk](https://github.com/cosmos/cosmos-sdk) to
     [v0.50.8-lsm](https://github.com/cosmos/cosmos-sdk/releases/tag/v0.50.8-lsm)
     ([\#3207](https://github.com/cosmos/gaia/pull/3207))
@@ -56,6 +53,9 @@
 - Bump [ibc-go](https://github.com/cosmos/ibc-go) to
     [v8.4.0](https://github.com/cosmos/ibc-go/releases/tag/v8.4.0)
     ([\#3233](https://github.com/cosmos/gaia/pull/3233))
+- Bump [ICS](https://github.com/cosmos/interchain-security) to
+    [v5.1.1](https://github.com/cosmos/interchain-security/releases/tag/v5.1.1)
+    ([\#3237](https://github.com/cosmos/gaia/pull/3237))
 
 ## Previous Versions
 
diff --git a/go.mod b/go.mod
index 2c9bcddd973..53a84481470 100644
--- a/go.mod
+++ b/go.mod
@@ -28,7 +28,7 @@ require (
 	github.com/cosmos/ibc-apps/modules/rate-limiting/v8 v8.0.0
 	github.com/cosmos/ibc-go/modules/capability v1.0.0
 	github.com/cosmos/ibc-go/v8 v8.4.0
-	github.com/cosmos/interchain-security/v5 v5.1.0
+	github.com/cosmos/interchain-security/v5 v5.1.1
 	github.com/google/gofuzz v1.2.0
 	github.com/gorilla/mux v1.8.1
 	github.com/ory/dockertest/v3 v3.10.0
diff --git a/go.sum b/go.sum
index b54fce514ba..fe711e4a40a 100644
--- a/go.sum
+++ b/go.sum
@@ -441,6 +441,8 @@ github.com/cosmos/ics23/go v0.10.0 h1:iXqLLgp2Lp+EdpIuwXTYIQU+AiHj9mOC2X9ab++bZD
 github.com/cosmos/ics23/go v0.10.0/go.mod h1:ZfJSmng/TBNTBkFemHHHj5YY7VAU/MBU980F4VU1NG0=
 github.com/cosmos/interchain-security/v5 v5.1.0 h1:87y+7q0udGoLto3U3y5q6YTQ5ezDD/PlgJbNW7ba/Sc=
 github.com/cosmos/interchain-security/v5 v5.1.0/go.mod h1:vmeTcTxFCl1eV0o6xpl/IRT7Basz0szVVGzbppnInMg=
+github.com/cosmos/interchain-security/v5 v5.1.1 h1:xmRRMeE4xoc+JAZUh0XzXFYWaGBtzFFj5SETuOgnEnY=
+github.com/cosmos/interchain-security/v5 v5.1.1/go.mod h1:vmeTcTxFCl1eV0o6xpl/IRT7Basz0szVVGzbppnInMg=
 github.com/cosmos/keyring v1.2.0 h1:8C1lBP9xhImmIabyXW4c3vFjjLiBdGCmfLUfeZlV1Yo=
 github.com/cosmos/keyring v1.2.0/go.mod h1:fc+wB5KTk9wQ9sDx0kFXB3A0MaeGHM9AwRStKOQ5vOA=
 github.com/cosmos/ledger-cosmos-go v0.13.3 h1:7ehuBGuyIytsXbd4MP43mLeoN2LTOEnk5nvue4rK+yM=