diff --git a/cmake/CMakeLists.txt b/cmake/CMakeLists.txt
index 02d192bd08..ee479c1599 100644
--- a/cmake/CMakeLists.txt
+++ b/cmake/CMakeLists.txt
@@ -143,6 +143,14 @@ IF(WIN32 AND ("$ENV{CONDA_BUILD}" STREQUAL ""))
 	SET(Boost_USE_STATIC_LIBS ON)
 	SET(Boost_USE_STATIC_RUNTIME ON)
 	SET(Boost_USE_MULTITHREADED ON)
+    # Disable Boost's autolinking as the libraries to be linked to are supplied
+    # already by CMake, and wrong libraries would be asked for when code is
+    # compiled with a toolset different from default.
+    if(MSVC)
+        ADD_DEFINITIONS(-DBOOST_ALL_NO_LIB)
+        # Necessary for boost version >= 1.67
+        SET(BCRYPT_LIBRARIES "bcrypt.lib")
+    ENDIF()
 ELSE()
     # Disable Boost's autolinking as the libraries to be linked to are supplied
     # already by CMake, and it's going to conflict if there are multiple, as is
diff --git a/win/build-deps.cmd b/win/build-deps.cmd
index b2e75aff79..a9e54f43b8 100644
--- a/win/build-deps.cmd
+++ b/win/build-deps.cmd
@@ -172,7 +172,7 @@ cd "%DEPS_DIR%"
 :: by modifying this file and using goto.
 :Boost
 :: NOTE Boost < 1.64 doesn't work without tricks if the user has only VS 2017 installed and no earlier versions.
-set BOOST_VERSION=1.71.0
+set BOOST_VERSION=1.74.0
 :: Version string with underscores instead of dots.
 set BOOST_VER=%BOOST_VERSION:.=_%
 :: DEPENDENCY_NAME is used for logging and DEPENDENCY_DIR for saving from some redundant typing
diff --git a/win/run-cmake.bat b/win/run-cmake.bat
index eb2b597746..8964db5ab3 100755
--- a/win/run-cmake.bat
+++ b/win/run-cmake.bat
@@ -59,7 +59,7 @@ IF NOT EXIST ..\%BUILD_DIR%. mkdir ..\%BUILD_DIR%
 pushd ..\%BUILD_DIR%
 
 :: tfk: todo remove duplication
-set BOOST_VERSION=1.71.0
+set BOOST_VERSION=1.74.0
 set BOOST_VER=%BOOST_VERSION:.=_%
 
 set BOOST_ROOT=%DEPS_DIR%\boost_%BOOST_VER%