diff --git a/backend/package-lock.json b/backend/package-lock.json
index c8dea34c01..050b68855f 100644
--- a/backend/package-lock.json
+++ b/backend/package-lock.json
@@ -12,7 +12,7 @@
         "@babel/core": "^7.21.3",
         "@mempool/electrum-client": "1.1.9",
         "@types/node": "^18.15.3",
-        "axios": "~1.5.0",
+        "axios": "~1.7.1",
         "bitcoinjs-lib": "~6.1.3",
         "crypto-js": "~4.1.1",
         "express": "~4.18.2",
@@ -2321,11 +2321,11 @@
       "integrity": "sha512-Oei9OH4tRh0YqU3GxhX79dM/mwVgvbZJaSNaRk+bshkj0S5cfHcgYakreBjrHwatXKbz+IoIdYLxrKim2MjW0Q=="
     },
     "node_modules/axios": {
-      "version": "1.5.0",
-      "resolved": "https://registry.npmjs.org/axios/-/axios-1.5.0.tgz",
-      "integrity": "sha512-D4DdjDo5CY50Qms0qGQTTw6Q44jl7zRwY7bthds06pUGfChBCTcQs+N743eFWGEd6pRTMd6A+I87aWyFV5wiZQ==",
+      "version": "1.7.1",
+      "resolved": "https://registry.npmjs.org/axios/-/axios-1.7.1.tgz",
+      "integrity": "sha512-+LV37nQcd1EpFalkXksWNBiA17NZ5m5/WspmHGmZmdx1qBOg/VNq/c4eRJiA9VQQHBOs+N0ZhhdU10h2TyNK7Q==",
       "dependencies": {
-        "follow-redirects": "^1.15.0",
+        "follow-redirects": "^1.15.6",
         "form-data": "^4.0.0",
         "proxy-from-env": "^1.1.0"
       }
@@ -3665,9 +3665,9 @@
       "dev": true
     },
     "node_modules/follow-redirects": {
-      "version": "1.15.2",
-      "resolved": "https://registry.npmjs.org/follow-redirects/-/follow-redirects-1.15.2.tgz",
-      "integrity": "sha512-VQLG33o04KaQ8uYi2tVNbdrWp1QWxNNea+nmIB4EVM28v0hmP17z7aG1+wAkNzVq4KeXTq3221ye5qTJP91JwA==",
+      "version": "1.15.6",
+      "resolved": "https://registry.npmjs.org/follow-redirects/-/follow-redirects-1.15.6.tgz",
+      "integrity": "sha512-wWN62YITEaOpSK584EZXJafH1AGpO8RVgElfkuXbTOrPX4fIfOyEpW/CsiNd8JdYrAoOvafRTOEnvsO++qCqFA==",
       "funding": [
         {
           "type": "individual",
@@ -9397,11 +9397,11 @@
       "integrity": "sha512-Oei9OH4tRh0YqU3GxhX79dM/mwVgvbZJaSNaRk+bshkj0S5cfHcgYakreBjrHwatXKbz+IoIdYLxrKim2MjW0Q=="
     },
     "axios": {
-      "version": "1.5.0",
-      "resolved": "https://registry.npmjs.org/axios/-/axios-1.5.0.tgz",
-      "integrity": "sha512-D4DdjDo5CY50Qms0qGQTTw6Q44jl7zRwY7bthds06pUGfChBCTcQs+N743eFWGEd6pRTMd6A+I87aWyFV5wiZQ==",
+      "version": "1.7.1",
+      "resolved": "https://registry.npmjs.org/axios/-/axios-1.7.1.tgz",
+      "integrity": "sha512-+LV37nQcd1EpFalkXksWNBiA17NZ5m5/WspmHGmZmdx1qBOg/VNq/c4eRJiA9VQQHBOs+N0ZhhdU10h2TyNK7Q==",
       "requires": {
-        "follow-redirects": "^1.15.0",
+        "follow-redirects": "^1.15.6",
         "form-data": "^4.0.0",
         "proxy-from-env": "^1.1.0"
       }
@@ -10422,9 +10422,9 @@
       "dev": true
     },
     "follow-redirects": {
-      "version": "1.15.2",
-      "resolved": "https://registry.npmjs.org/follow-redirects/-/follow-redirects-1.15.2.tgz",
-      "integrity": "sha512-VQLG33o04KaQ8uYi2tVNbdrWp1QWxNNea+nmIB4EVM28v0hmP17z7aG1+wAkNzVq4KeXTq3221ye5qTJP91JwA=="
+      "version": "1.15.6",
+      "resolved": "https://registry.npmjs.org/follow-redirects/-/follow-redirects-1.15.6.tgz",
+      "integrity": "sha512-wWN62YITEaOpSK584EZXJafH1AGpO8RVgElfkuXbTOrPX4fIfOyEpW/CsiNd8JdYrAoOvafRTOEnvsO++qCqFA=="
     },
     "form-data": {
       "version": "4.0.0",
diff --git a/backend/package.json b/backend/package.json
index 2db8f20467..a38b87ddbd 100644
--- a/backend/package.json
+++ b/backend/package.json
@@ -41,7 +41,7 @@
     "@babel/core": "^7.21.3",
     "@mempool/electrum-client": "1.1.9",
     "@types/node": "^18.15.3",
-    "axios": "~1.5.0",
+    "axios": "~1.7.1",
     "bitcoinjs-lib": "~6.1.3",
     "crypto-js": "~4.1.1",
     "express": "~4.18.2",