diff --git a/package.json b/package.json
index 2512a236e..c5936ef8d 100644
--- a/package.json
+++ b/package.json
@@ -37,7 +37,7 @@
     "@ethersproject/abstract-provider": "5.7.0",
     "@ethersproject/abstract-signer": "5.7.0",
     "@ethersproject/bignumber": "5.7.0",
-    "@openzeppelin/contracts": "4.9.2",
+    "@openzeppelin/contracts": "4.9.3",
     "@openzeppelin/contracts-upgradeable": "4.9.3",
     "@uma/common": "^2.34.0",
     "@uma/contracts-node": "^0.4.17",
diff --git a/yarn.lock b/yarn.lock
index 6378a402a..9011b5cf7 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -2045,10 +2045,10 @@
   resolved "https://registry.yarnpkg.com/@openzeppelin/contracts/-/contracts-4.4.2.tgz#4e889c9c66e736f7de189a53f8ba5b8d789425c2"
   integrity sha512-NyJV7sJgoGYqbtNUWgzzOGW4T6rR19FmX1IJgXGdapGPWsuMelGJn9h03nos0iqfforCbCB0iYIR0MtIuIFLLw==
 
-"@openzeppelin/contracts@4.9.2", "@openzeppelin/contracts@^4.2.0", "@openzeppelin/contracts@^4.8.1":
-  version "4.9.2"
-  resolved "https://registry.yarnpkg.com/@openzeppelin/contracts/-/contracts-4.9.2.tgz#1cb2d5e4d3360141a17dbc45094a8cad6aac16c1"
-  integrity sha512-mO+y6JaqXjWeMh9glYVzVu8HYPGknAAnWyxTRhGeckOruyXQMNnlcW6w/Dx9ftLeIQk6N+ZJFuVmTwF7lEIFrg==
+"@openzeppelin/contracts@4.9.3", "@openzeppelin/contracts@^4.2.0", "@openzeppelin/contracts@^4.8.1":
+  version "4.9.3"
+  resolved "https://registry.yarnpkg.com/@openzeppelin/contracts/-/contracts-4.9.3.tgz#00d7a8cf35a475b160b3f0293a6403c511099364"
+  integrity sha512-He3LieZ1pP2TNt5JbkPA4PNT9WC3gOTOlDcFGJW4Le4QKqwmiNJCRt44APfxMxvq7OugU/cqYuPcSBzOw38DAg==
 
 "@openzeppelin/hardhat-upgrades@^1.22.0":
   version "1.22.0"