diff --git a/package.json b/package.json
index 5b997ef1..3379cf2b 100644
--- a/package.json
+++ b/package.json
@@ -19,7 +19,7 @@
     "@sentry/node": "^5.7.1",
     "apollo-datasource-rest": "^0.3.1",
     "apollo-server": "^2.14.2",
-    "axios": "^0.21.1",
+    "axios": "^1.7.8",
     "bignumber.js": "^8.0.1",
     "bluebird": "^3.5.3",
     "dotenv": "^6.0.0",
diff --git a/yarn.lock b/yarn.lock
index 7ee55f0e..84644170 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -1384,12 +1384,14 @@ axios@^0.19.0:
     follow-redirects "1.5.10"
     is-buffer "^2.0.2"
 
-axios@^0.21.1:
-  version "0.21.1"
-  resolved "https://registry.yarnpkg.com/axios/-/axios-0.21.1.tgz#22563481962f4d6bde9a76d516ef0e5d3c09b2b8"
-  integrity sha512-dKQiRHxGD9PPRIUNIWvZhPTPpl1rf/OxTYKsqKUDjBwYylTvV7SjSHJb9ratfyzM6wCdLCOYLzs73qpg5c4iGA==
+axios@^1.7.8:
+  version "1.7.8"
+  resolved "https://registry.yarnpkg.com/axios/-/axios-1.7.8.tgz#1997b1496b394c21953e68c14aaa51b7b5de3d6e"
+  integrity sha512-Uu0wb7KNqK2t5K+YQyVCLM76prD5sRFjKHbJYCP1J7JFGEQ6nN7HWn9+04LAeiJ3ji54lgS/gZCH1oxyrf1SPw==
   dependencies:
-    follow-redirects "^1.10.0"
+    follow-redirects "^1.15.6"
+    form-data "^4.0.0"
+    proxy-from-env "^1.1.0"
 
 babel-jest@^24.9.0:
   version "24.9.0"
@@ -2648,10 +2650,10 @@ follow-redirects@1.5.10:
   dependencies:
     debug "=3.1.0"
 
-follow-redirects@^1.10.0:
-  version "1.13.1"
-  resolved "https://registry.yarnpkg.com/follow-redirects/-/follow-redirects-1.13.1.tgz#5f69b813376cee4fd0474a3aba835df04ab763b7"
-  integrity sha512-SSG5xmZh1mkPGyKzjZP8zLjltIfpW32Y5QpdNJyjcfGxK3qo3NDDkZOZSFiGn1A6SclQxY9GzEwAHQ3dmYRWpg==
+follow-redirects@^1.15.6:
+  version "1.15.9"
+  resolved "https://registry.yarnpkg.com/follow-redirects/-/follow-redirects-1.15.9.tgz#a604fa10e443bf98ca94228d9eebcc2e8a2c8ee1"
+  integrity sha512-gew4GsXizNgdoRyqmyfMHyAmXsZDk6mHkSxZFCzW9gwlbtOW44CDtYavM+y+72qD/Vq2l550kMF52DT8fOLJqQ==
 
 for-in@^1.0.2:
   version "1.0.2"
@@ -2672,6 +2674,15 @@ form-data@^3.0.0:
     combined-stream "^1.0.8"
     mime-types "^2.1.12"
 
+form-data@^4.0.0:
+  version "4.0.1"
+  resolved "https://registry.yarnpkg.com/form-data/-/form-data-4.0.1.tgz#ba1076daaaa5bfd7e99c1a6cb02aa0a5cff90d48"
+  integrity sha512-tzN8e4TX8+kkxGPK8D5u0FNmjPUjw3lwC9lSLxxoB/+GtsJG91CO8bSWy73APlgAZzZbXEYZJuxjkHH2w+Ezhw==
+  dependencies:
+    asynckit "^0.4.0"
+    combined-stream "^1.0.8"
+    mime-types "^2.1.12"
+
 form-data@~2.3.2:
   version "2.3.3"
   resolved "https://registry.yarnpkg.com/form-data/-/form-data-2.3.3.tgz#dcce52c05f644f298c6a7ab936bd724ceffbf3a6"
@@ -5092,6 +5103,11 @@ proxy-addr@~2.0.5:
     forwarded "~0.1.2"
     ipaddr.js "1.9.1"
 
+proxy-from-env@^1.1.0:
+  version "1.1.0"
+  resolved "https://registry.yarnpkg.com/proxy-from-env/-/proxy-from-env-1.1.0.tgz#e102f16ca355424865755d2c9e8ea4f24d58c3e2"
+  integrity sha512-D+zkORCbA9f1tdWRK0RaCR3GPv50cMxcrz4X8k5LTSUD1Dkw47mKJEZQNunItRTkWwgtaUSo1RVFRIG9ZXiFYg==
+
 pseudomap@^1.0.2:
   version "1.0.2"
   resolved "https://registry.yarnpkg.com/pseudomap/-/pseudomap-1.0.2.tgz#f052a28da70e618917ef0a8ac34c1ae5a68286b3"