diff --git a/changelog/14523.txt b/changelog/14523.txt
new file mode 100644
index 000000000..f3147315f
--- /dev/null
+++ b/changelog/14523.txt
@@ -0,0 +1,3 @@
+```release-note:bug
+cli: Fix panic caused by parsing key=value fields whose value is a single backslash
+```
diff --git a/command/kv_test.go b/command/kv_test.go
index 6c12ba77a..1738b0593 100644
--- a/command/kv_test.go
+++ b/command/kv_test.go
@@ -141,6 +141,12 @@ func TestKVPutCommand(t *testing.T) {
 			[]string{"== Secret Path ==", "kv/data/write/foo"},
 			0,
 		},
+		{
+			"v2_single_value_backslash",
+			[]string{"kv/write/foo", "foo=\\"},
+			[]string{"== Secret Path ==", "kv/data/write/foo"},
+			0,
+		},
 	}
 
 	for _, tc := range cases {
diff --git a/go.mod b/go.mod
index d80e0bc57..a1e7d9c1c 100644
--- a/go.mod
+++ b/go.mod
@@ -73,7 +73,7 @@ require (
 	github.com/hashicorp/go-secure-stdlib/awsutil v0.1.5
 	github.com/hashicorp/go-secure-stdlib/base62 v0.1.2
 	github.com/hashicorp/go-secure-stdlib/gatedwriter v0.1.1
-	github.com/hashicorp/go-secure-stdlib/kv-builder v0.1.1
+	github.com/hashicorp/go-secure-stdlib/kv-builder v0.1.2
 	github.com/hashicorp/go-secure-stdlib/mlock v0.1.2
 	github.com/hashicorp/go-secure-stdlib/parseutil v0.1.3
 	github.com/hashicorp/go-secure-stdlib/password v0.1.1
diff --git a/go.sum b/go.sum
index 480c75e08..824b10a36 100644
--- a/go.sum
+++ b/go.sum
@@ -879,6 +879,8 @@ github.com/hashicorp/go-secure-stdlib/gatedwriter v0.1.1 h1:9um9R8i0+HbRHS9d64kd
 github.com/hashicorp/go-secure-stdlib/gatedwriter v0.1.1/go.mod h1:6RoRTSMDK2H/rKh3P/JIsk1tK8aatKTt3JyvIopi3GQ=
 github.com/hashicorp/go-secure-stdlib/kv-builder v0.1.1 h1:IJgULbAXuvWxzKFfu+Au1FUmHIJulS6N4F7Hkn+Kck0=
 github.com/hashicorp/go-secure-stdlib/kv-builder v0.1.1/go.mod h1:rf5JPE13wi+NwjgsmGkbg4b2CgHq8v7Htn/F0nDe/hg=
+github.com/hashicorp/go-secure-stdlib/kv-builder v0.1.2 h1:NS6BHieb/pDfx3M9jDdaPpGyyVp+aD4A3DjX3dgRmzs=
+github.com/hashicorp/go-secure-stdlib/kv-builder v0.1.2/go.mod h1:rf5JPE13wi+NwjgsmGkbg4b2CgHq8v7Htn/F0nDe/hg=
 github.com/hashicorp/go-secure-stdlib/mlock v0.1.1/go.mod h1:zq93CJChV6L9QTfGKtfBxKqD7BqqXx5O04A/ns2p5+I=
 github.com/hashicorp/go-secure-stdlib/mlock v0.1.2 h1:p4AKXPPS24tO8Wc8i1gLvSKdmkiSY5xuju57czJ/IJQ=
 github.com/hashicorp/go-secure-stdlib/mlock v0.1.2/go.mod h1:zq93CJChV6L9QTfGKtfBxKqD7BqqXx5O04A/ns2p5+I=