diff --git a/.pnp.cjs b/.pnp.cjs
index 8c10220794..19d507fa33 100644
--- a/.pnp.cjs
+++ b/.pnp.cjs
@@ -6647,7 +6647,7 @@ function $$SETUP_STATE(hydrateRuntimeState, basePath) {
             ["@types/node", "npm:16.11.51"],\
             ["@types/sinonjs__fake-timers", "npm:8.1.5"],\
             ["@types/ws", "npm:8.5.5"],\
-            ["axios", "npm:0.27.2"],\
+            ["axios", "npm:1.6.0"],\
             ["crypto", "npm:1.0.1"],\
             ["nock", "npm:13.2.9"],\
             ["tslib", "npm:2.4.1"],\
diff --git a/packages/sources/gsr/package.json b/packages/sources/gsr/package.json
index e4c98873d6..cd706c0005 100644
--- a/packages/sources/gsr/package.json
+++ b/packages/sources/gsr/package.json
@@ -29,7 +29,7 @@
   },
   "dependencies": {
     "@chainlink/external-adapter-framework": "0.33.2",
-    "axios": "0.27.2",
+    "axios": "1.6.0",
     "crypto": "1.0.1",
     "tslib": "2.4.1"
   },
diff --git a/yarn.lock b/yarn.lock
index 11d9fd8924..fac57ef805 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -3888,7 +3888,7 @@ __metadata:
     "@types/node": 16.11.51
     "@types/sinonjs__fake-timers": 8.1.5
     "@types/ws": 8.5.5
-    axios: 0.27.2
+    axios: 1.6.0
     crypto: 1.0.1
     nock: 13.2.9
     tslib: 2.4.1