See this post from another website for more context.
Important: Make a backup first, at least one user mentioned the update breaking their install
A new version (1.32.0) of Vaultwarden is out with security fixes:
This release has several CVE Reports fixed and we recommend everybody to update to the latest version as soon as possible.
CVE-2024-39924 Fixed via #4715
CVE-2024-39925 Fixed via #4837
CVE-2024-39926 Fixed via #4737
Watchtower took care of that for me 👍