diff --git a/proxy/package.json b/proxy/package.json
index 45dd74230..dd97df7bf 100644
--- a/proxy/package.json
+++ b/proxy/package.json
@@ -28,7 +28,7 @@
         "@skalenetwork/ima-interfaces": "2.0.0",
         "@skalenetwork/skale-manager-interfaces": "2.0.0",
         "@skalenetwork/upgrade-tools": "^2.0.2",
-        "axios": "^0.21.4",
+        "axios": "^1.7.2",
         "dotenv": "^16.0.0",
         "ethers": "^5.7.2",
         "hardhat": "2.11.0 - 2.16.1"
diff --git a/proxy/yarn.lock b/proxy/yarn.lock
index 73b7af7b1..bf8d853cb 100644
--- a/proxy/yarn.lock
+++ b/proxy/yarn.lock
@@ -2130,7 +2130,7 @@ aws4@^1.8.0:
   resolved "https://registry.yarnpkg.com/aws4/-/aws4-1.12.0.tgz#ce1c9d143389679e253b314241ea9aa5cec980d3"
   integrity sha512-NmWvPnx0F1SfrQbYwOi7OeaNGokp9XhzNioJ/CSBs8Qa4vxug81mhJEAVZwxXuBmYB5KDRfMq/F3RR0BIU7sWg==
 
-axios@^0.21.2, axios@^0.21.4:
+axios@^0.21.2:
   version "0.21.4"
   resolved "https://registry.yarnpkg.com/axios/-/axios-0.21.4.tgz#c67b90dc0568e5c1cf2b0b858c43ba28e2eda575"
   integrity sha512-ut5vewkiu8jjGBdqpM44XxjuCjq9LAKeHVmoVfHVzy8eHgxxq8SbAVQNovDA8mVi05kP0Ea/n/UzcSHcTJQfNg==
@@ -2145,12 +2145,12 @@ axios@^0.27.2:
     follow-redirects "^1.14.9"
     form-data "^4.0.0"
 
-axios@^1.4.0:
-  version "1.4.0"
-  resolved "https://registry.yarnpkg.com/axios/-/axios-1.4.0.tgz#38a7bf1224cd308de271146038b551d725f0be1f"
-  integrity sha512-S4XCWMEmzvo64T9GfvQDOXgYRDJ/wsSZc7Jvdgx5u1sd0JwsuPLqb3SYmusag+edF6ziyMensPVqLTSc1PiSEA==
+axios@^1.4.0, axios@^1.7.2:
+  version "1.7.2"
+  resolved "https://registry.yarnpkg.com/axios/-/axios-1.7.2.tgz#b625db8a7051fbea61c35a3cbb3a1daa7b9c7621"
+  integrity sha512-2A8QhOMrbomlDuiLeK9XibIBzuHeRcqqNOHp0Cyp5EoJ1IFDh+XZH3A6BkXtv0K4gFGCI0Y4BM7B1wOEi0Rmgw==
   dependencies:
-    follow-redirects "^1.15.0"
+    follow-redirects "^1.15.6"
     form-data "^4.0.0"
     proxy-from-env "^1.1.0"
 
@@ -3718,15 +3718,10 @@ flatted@^3.1.0:
   resolved "https://registry.yarnpkg.com/flatted/-/flatted-3.2.7.tgz#609f39207cb614b89d0765b477cb2d437fbf9787"
   integrity sha512-5nqDSxl8nn5BSNxyR3n4I6eDmbolI6WT+QqR547RwxQapgjQBmtktdP+HTBb/a/zLsbzERTONyUB5pefh5TtjQ==
 
-follow-redirects@^1.12.1, follow-redirects@^1.14.0:
-  version "1.14.4"
-  resolved "https://registry.yarnpkg.com/follow-redirects/-/follow-redirects-1.14.4.tgz#838fdf48a8bbdd79e52ee51fb1c94e3ed98b9379"
-  integrity sha512-zwGkiSXC1MUJG/qmeIFH2HBJx9u0V46QGUe3YR1fXG8bXQxq7fLj0RjLZQ5nubr9qNJUZrH+xUcwXEoXNpfS+g==
-
-follow-redirects@^1.14.9, follow-redirects@^1.15.0:
-  version "1.15.2"
-  resolved "https://registry.yarnpkg.com/follow-redirects/-/follow-redirects-1.15.2.tgz#b460864144ba63f2681096f274c4e57026da2c13"
-  integrity sha512-VQLG33o04KaQ8uYi2tVNbdrWp1QWxNNea+nmIB4EVM28v0hmP17z7aG1+wAkNzVq4KeXTq3221ye5qTJP91JwA==
+follow-redirects@^1.12.1, follow-redirects@^1.14.0, follow-redirects@^1.14.9, follow-redirects@^1.15.6:
+  version "1.15.6"
+  resolved "https://registry.yarnpkg.com/follow-redirects/-/follow-redirects-1.15.6.tgz#7f815c0cda4249c74ff09e95ef97c23b5fd0399b"
+  integrity sha512-wWN62YITEaOpSK584EZXJafH1AGpO8RVgElfkuXbTOrPX4fIfOyEpW/CsiNd8JdYrAoOvafRTOEnvsO++qCqFA==
 
 for-each@^0.3.3:
   version "0.3.3"