diff --git a/package-lock.json b/package-lock.json
index e40d081b6..d2c3f1c01 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -17,7 +17,7 @@
         "lodash": "^4.17.21",
         "loopback-connector": "^6.0.3",
         "minimatch": "^9.0.3",
-        "nanoid": "^3.3.6",
+        "nanoid": "^5.0.3",
         "qs": "^6.11.2",
         "strong-globalize": "^6.0.6",
         "traverse": "^0.6.7",
@@ -3909,9 +3909,9 @@
       }
     },
     "node_modules/nanoid": {
-      "version": "3.3.6",
-      "resolved": "https://registry.npmjs.org/nanoid/-/nanoid-3.3.6.tgz",
-      "integrity": "sha512-BGcqMMJuToF7i1rt+2PWSNVnWIkGCU78jBG3RxO/bZlnZPK2Cmi2QaffxGO/2RvWi9sL+FAiRiXMgsyxQ1DIDA==",
+      "version": "5.0.3",
+      "resolved": "https://registry.npmjs.org/nanoid/-/nanoid-5.0.3.tgz",
+      "integrity": "sha512-I7X2b22cxA4LIHXPSqbBCEQSL+1wv8TuoefejsX4HFWyC6jc5JG7CEaxOltiKjc1M+YCS2YkrZZcj4+dytw9GA==",
       "funding": [
         {
           "type": "github",
@@ -3919,10 +3919,10 @@
         }
       ],
       "bin": {
-        "nanoid": "bin/nanoid.cjs"
+        "nanoid": "bin/nanoid.js"
       },
       "engines": {
-        "node": "^10 || ^12 || ^13.7 || ^14 || >=15.0.1"
+        "node": "^18 || >=20"
       }
     },
     "node_modules/natural-compare": {
diff --git a/package.json b/package.json
index 673d2c110..d070faa11 100644
--- a/package.json
+++ b/package.json
@@ -59,7 +59,7 @@
     "lodash": "^4.17.21",
     "loopback-connector": "^6.0.3",
     "minimatch": "^9.0.3",
-    "nanoid": "^3.3.6",
+    "nanoid": "^5.0.3",
     "qs": "^6.11.2",
     "strong-globalize": "^6.0.6",
     "traverse": "^0.6.7",