diff --git a/backend/package.json b/backend/package.json
index 09044d51..5dac467c 100644
--- a/backend/package.json
+++ b/backend/package.json
@@ -38,6 +38,6 @@
     "@types/react": "^18.2.48",
     "cors": "^2.8.5",
     "nodemon": "^2.0.20",
-    "typescript": "^5.1.6"
+    "typescript": "^5.4.5"
   }
 }
diff --git a/package.json b/package.json
index bcf7d903..9e797951 100644
--- a/package.json
+++ b/package.json
@@ -46,7 +46,7 @@
     "eslint-plugin-react-hooks": "^4.6.0",
     "nodemon": "^2.0.20",
     "prettier": "^2.8.8",
-    "typescript": "^5.0.4"
+    "typescript": "^5.4.5"
   },
   "dependencies": {
     "@kiltprotocol/sdk-js": "^0.35.0",
diff --git a/yarn.lock b/yarn.lock
index 6db37d7e..82a1a3b4 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -14883,23 +14883,23 @@ __metadata:
   languageName: node
   linkType: hard
 
-"typescript@npm:^5.0.4, typescript@npm:^5.1.6":
-  version: 5.2.2
-  resolution: "typescript@npm:5.2.2"
+"typescript@npm:^5.4.5":
+  version: 5.4.5
+  resolution: "typescript@npm:5.4.5"
   bin:
     tsc: bin/tsc
     tsserver: bin/tsserver
-  checksum: 7912821dac4d962d315c36800fe387cdc0a6298dba7ec171b350b4a6e988b51d7b8f051317786db1094bd7431d526b648aba7da8236607febb26cf5b871d2d3c
+  checksum: 53c879c6fa1e3bcb194b274d4501ba1985894b2c2692fa079db03c5a5a7140587a1e04e1ba03184605d35f439b40192d9e138eb3279ca8eee313c081c8bcd9b0
   languageName: node
   linkType: hard
 
-"typescript@patch:typescript@^5.0.4#~builtin<compat/typescript>, typescript@patch:typescript@^5.1.6#~builtin<compat/typescript>":
-  version: 5.2.2
-  resolution: "typescript@patch:typescript@npm%3A5.2.2#~builtin<compat/typescript>::version=5.2.2&hash=14eedb"
+"typescript@patch:typescript@^5.4.5#~builtin<compat/typescript>":
+  version: 5.4.5
+  resolution: "typescript@patch:typescript@npm%3A5.4.5#~builtin<compat/typescript>::version=5.4.5&hash=14eedb"
   bin:
     tsc: bin/tsc
     tsserver: bin/tsserver
-  checksum: 07106822b4305de3f22835cbba949a2b35451cad50888759b6818421290ff95d522b38ef7919e70fb381c5fe9c1c643d7dea22c8b31652a717ddbd57b7f4d554
+  checksum: 2373c693f3b328f3b2387c3efafe6d257b057a142f9a79291854b14ff4d5367d3d730810aee981726b677ae0fd8329b23309da3b6aaab8263dbdccf1da07a3ba
   languageName: node
   linkType: hard
 
@@ -15288,7 +15288,7 @@ __metadata:
     memory-cache: ^0.2.0
     nodemon: ^2.0.20
     ts-node: ^10.9.1
-    typescript: ^5.1.6
+    typescript: ^5.4.5
   languageName: unknown
   linkType: soft
 
@@ -15339,7 +15339,7 @@ __metadata:
     nodemon: ^2.0.20
     prettier: ^2.8.8
     ts-node: ^10.9.1
-    typescript: ^5.0.4
+    typescript: ^5.4.5
     valid-url: ^1.0.9
   languageName: unknown
   linkType: soft