diff --git a/CHANGELOG.md b/CHANGELOG.md
index 2183f13d..8dede912 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -3,6 +3,7 @@
 ## [v1.17.1](https://github.com/contentstack/contentstack-management-javascript/tree/v1.17.1) (2024-08-14)
  - Fix
    - Fix file upload function in sanity report file
+   - Vulnerability fix - Axios
   
 ## [v1.17.0](https://github.com/contentstack/contentstack-management-javascript/tree/v1.17.0) (2024-07-02)
  - Enhancement
diff --git a/package-lock.json b/package-lock.json
index f8691ac5..4d54e11d 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -9,7 +9,7 @@
       "version": "1.17.1",
       "license": "MIT",
       "dependencies": {
-        "axios": "^1.7.2",
+        "axios": "^1.7.4",
         "form-data": "^3.0.1",
         "lodash": "^4.17.21",
         "qs": "^6.12.1"
@@ -21,7 +21,7 @@
         "@babel/preset-env": "^7.18.2",
         "@babel/register": "^7.17.7",
         "@babel/runtime": "^7.18.3",
-        "@slack/bolt": "^3.19.0",
+        "@slack/bolt": "^3.20.0",
         "@types/chai": "^4.3.11",
         "@types/jest": "^28.1.0",
         "@types/lodash": "^4.14.202",
@@ -3154,11 +3154,10 @@
       "license": "(Unlicense OR Apache-2.0)"
     },
     "node_modules/@slack/bolt": {
-      "version": "3.19.0",
-      "resolved": "https://registry.npmjs.org/@slack/bolt/-/bolt-3.19.0.tgz",
-      "integrity": "sha512-P5Yup/PbO8sE5xsuqkBkpSPkxEkfWZ6yo5ZlmBGxRhhoU1usUSU2w0bgZoiDX4WFm7ZX+3x2Dyf4VMa9kzfmVQ==",
+      "version": "3.20.0",
+      "resolved": "https://registry.npmjs.org/@slack/bolt/-/bolt-3.20.0.tgz",
+      "integrity": "sha512-JXQe4oGredj/RREIG8GM/DAZ+B89NuVpdmgejzo9yx4uSE2sUX/NisyMv0B6xJ8cnlLbGpB5gCgbksdQZT/2CQ==",
       "dev": true,
-      "license": "MIT",
       "dependencies": {
         "@slack/logger": "^4.0.0",
         "@slack/oauth": "^2.6.2",
@@ -3168,7 +3167,7 @@
         "@types/express": "^4.16.1",
         "@types/promise.allsettled": "^1.0.3",
         "@types/tsscmp": "^1.0.0",
-        "axios": "^1.6.0",
+        "axios": "^1.7.3",
         "express": "^4.16.4",
         "path-to-regexp": "^6.2.1",
         "please-upgrade-node": "^3.2.0",
@@ -4340,10 +4339,9 @@
       }
     },
     "node_modules/axios": {
-      "version": "1.7.2",
-      "resolved": "https://registry.npmjs.org/axios/-/axios-1.7.2.tgz",
-      "integrity": "sha512-2A8QhOMrbomlDuiLeK9XibIBzuHeRcqqNOHp0Cyp5EoJ1IFDh+XZH3A6BkXtv0K4gFGCI0Y4BM7B1wOEi0Rmgw==",
-      "license": "MIT",
+      "version": "1.7.4",
+      "resolved": "https://registry.npmjs.org/axios/-/axios-1.7.4.tgz",
+      "integrity": "sha512-DukmaFRnY6AzAALSH4J2M3k6PkaC+MfaAGdEERRWcC9q3/TWQwLpHR8ZRLKTdQ3aBDL64EdluRDjJqKw+BPZEw==",
       "dependencies": {
         "follow-redirects": "^1.15.6",
         "form-data": "^4.0.0",
diff --git a/package.json b/package.json
index fe5664a8..abd183ac 100644
--- a/package.json
+++ b/package.json
@@ -52,7 +52,7 @@
   "author": "Contentstack",
   "license": "MIT",
   "dependencies": {
-    "axios": "^1.7.2",
+    "axios": "^1.7.4",
     "form-data": "^3.0.1",
     "lodash": "^4.17.21",
     "qs": "^6.12.1"
@@ -69,7 +69,7 @@
     "@babel/preset-env": "^7.18.2",
     "@babel/register": "^7.17.7",
     "@babel/runtime": "^7.18.3",
-    "@slack/bolt": "^3.19.0",
+    "@slack/bolt": "^3.20.0",
     "@types/chai": "^4.3.11",
     "@types/jest": "^28.1.0",
     "@types/lodash": "^4.14.202",