diff --git a/packages/utils/package.json b/packages/utils/package.json
index 1c7f4bf50..44263f1db 100644
--- a/packages/utils/package.json
+++ b/packages/utils/package.json
@@ -41,7 +41,7 @@
     "@kiltprotocol/sr25519-jcs-2023": "^0.1.0",
     "@kiltprotocol/types": "workspace:*",
     "@scure/base": "^1.1.0",
-    "cbor-web": "^9.0.0",
+    "cbor-web": "^10.0.0",
     "tweetnacl": "^1.0.3",
     "uuid": "^10.0.0",
     "varint": "^6.0.0"
diff --git a/yarn.lock b/yarn.lock
index 5db0209e0..e5926220a 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -2313,7 +2313,7 @@ __metadata:
     "@kiltprotocol/types": "workspace:*"
     "@scure/base": "npm:^1.1.0"
     "@types/uuid": "npm:^8.0.0"
-    cbor-web: "npm:^9.0.0"
+    cbor-web: "npm:^10.0.0"
     rimraf: "npm:^3.0.2"
     tweetnacl: "npm:^1.0.3"
     typescript: "npm:^4.8.3"
@@ -4454,10 +4454,10 @@ __metadata:
   languageName: node
   linkType: hard
 
-"cbor-web@npm:^9.0.0":
-  version: 9.0.0
-  resolution: "cbor-web@npm:9.0.0"
-  checksum: 10c0/ed74d29c5bd1f6bf8d2d10f08931c5a534e731cc4aa11557d1a3d47a0ca768e530338a889106e67a14b9a30c088c32d48ce61f993a16c0c9da43f36bbef359eb
+"cbor-web@npm:^10.0.0":
+  version: 10.0.2
+  resolution: "cbor-web@npm:10.0.2"
+  checksum: 10c0/d541d7556844f7fc1ca15e12f29ee7354e9b69077255f2097f176cb41547d885c957534b06955dca150e9bb2946a169aba5a75e21c2c3c7efa570352d046bd20
   languageName: node
   linkType: hard