diff --git a/package.json b/package.json
index 56d68a442851..fc695c8526fd 100644
--- a/package.json
+++ b/package.json
@@ -133,7 +133,7 @@
     "loglevel": "^1.4.1",
     "luxon": "^1.24.1",
     "multihashes": "^0.4.12",
-    "nanoid": "^2.1.6",
+    "nanoid": "^3.1.31",
     "nonce-tracker": "^1.0.0",
     "obj-multiplex": "^1.0.0",
     "obs-store": "^4.0.3",
diff --git a/yarn.lock b/yarn.lock
index f6f05bf6504c..f057cbd06488 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -18920,10 +18920,10 @@ nanoid@^2.0.0:
   resolved "https://registry.yarnpkg.com/nanoid/-/nanoid-2.0.3.tgz#dde999e173bc9d7bd2ee2746b89909ade98e075e"
   integrity sha512-NbaoqdhIYmY6FXDRB4eYtDVC9Z9eCbn8TyaiC16LNKtpPv/aqa0tOPD8y6gNE4yUNnaZ7LLhYtXOev/6+cBtfw==
 
-nanoid@^2.1.6:
-  version "2.1.6"
-  resolved "https://registry.yarnpkg.com/nanoid/-/nanoid-2.1.6.tgz#0665418f692e54cf44f34d4010761f3240a03314"
-  integrity sha512-2NDzpiuEy3+H0AVtdt8LoFi7PnqkOnIzYmJQp7xsEU6VexLluHQwKREuiz57XaQC5006seIadPrIZJhyS2n7aw==
+nanoid@^3.1.31:
+  version "3.1.31"
+  resolved "https://registry.yarnpkg.com/nanoid/-/nanoid-3.1.31.tgz#f5b58a1ce1b7604da5f0605757840598d8974dc6"
+  integrity sha512-ZivnJm0o9bb13p2Ot5CpgC2rQdzB9Uxm/mFZweqm5eMViqOJe3PV6LU2E30SiLgheesmcPrjquqraoolONSA0A==
 
 nanomatch@^1.2.9:
   version "1.2.9"