diff --git a/package-lock.json b/package-lock.json
index e4bd1996f..49a1ba9f3 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -21,7 +21,7 @@
         "@fortawesome/react-fontawesome": "^0.2.0",
         "@stripe/react-stripe-js": "^1.10.0",
         "@stripe/stripe-js": "^1.36.0",
-        "axios": "^0.27.2",
+        "axios": "^1.0.0",
         "bootstrap": "4.6.1",
         "classnames": "^2.3.1",
         "core-js": "^3.23.5",
@@ -2295,6 +2295,15 @@
         "redux": "^4.0.4"
       }
     },
+    "node_modules/@edx/frontend-platform/node_modules/axios": {
+      "version": "0.27.2",
+      "resolved": "https://registry.npmjs.org/axios/-/axios-0.27.2.tgz",
+      "integrity": "sha512-t+yRIyySRTp/wua5xEr+z1q60QmLq8ABsS5O9Me1AsE5dfKqgnCFzwiCZZ/cGNd1lq4/7akDWMxdhVlucjmnOQ==",
+      "dependencies": {
+        "follow-redirects": "^1.14.9",
+        "form-data": "^4.0.0"
+      }
+    },
     "node_modules/@edx/frontend-platform/node_modules/form-urlencoded": {
       "version": "4.1.4",
       "resolved": "https://registry.npmjs.org/form-urlencoded/-/form-urlencoded-4.1.4.tgz",
@@ -5496,12 +5505,13 @@
       }
     },
     "node_modules/axios": {
-      "version": "0.27.2",
-      "resolved": "https://registry.npmjs.org/axios/-/axios-0.27.2.tgz",
-      "integrity": "sha512-t+yRIyySRTp/wua5xEr+z1q60QmLq8ABsS5O9Me1AsE5dfKqgnCFzwiCZZ/cGNd1lq4/7akDWMxdhVlucjmnOQ==",
+      "version": "1.2.5",
+      "resolved": "https://registry.npmjs.org/axios/-/axios-1.2.5.tgz",
+      "integrity": "sha512-9pU/8mmjSSOb4CXVsvGIevN+MlO/t9OWtKadTaLuN85Gge3HGorUckgp8A/2FH4V4hJ7JuQ3LIeI7KAV9ITZrQ==",
       "dependencies": {
-        "follow-redirects": "^1.14.9",
-        "form-data": "^4.0.0"
+        "follow-redirects": "^1.15.0",
+        "form-data": "^4.0.0",
+        "proxy-from-env": "^1.1.0"
       }
     },
     "node_modules/axios-cache-interceptor": {
@@ -7151,6 +7161,12 @@
         "node": ">= 10.0"
       }
     },
+    "node_modules/clean-css/node_modules/is-buffer": {
+      "version": "1.1.6",
+      "resolved": "https://registry.npmjs.org/is-buffer/-/is-buffer-1.1.6.tgz",
+      "integrity": "sha512-NcdALwpXkTm5Zvvbk7owOUSvVvBKDgKP5/ewfXEznmQFfs4ZRmanOeKBTjRVjka3QFoN6XJ+9F3USqfHqTaU5w==",
+      "dev": true
+    },
     "node_modules/clean-stack": {
       "version": "2.2.0",
       "resolved": "https://registry.npmjs.org/clean-stack/-/clean-stack-2.2.0.tgz",
@@ -17964,6 +17980,11 @@
         "node": ">= 0.10"
       }
     },
+    "node_modules/proxy-from-env": {
+      "version": "1.1.0",
+      "resolved": "https://registry.npmjs.org/proxy-from-env/-/proxy-from-env-1.1.0.tgz",
+      "integrity": "sha512-D+zkORCbA9f1tdWRK0RaCR3GPv50cMxcrz4X8k5LTSUD1Dkw47mKJEZQNunItRTkWwgtaUSo1RVFRIG9ZXiFYg=="
+    },
     "node_modules/pseudomap": {
       "version": "1.0.2",
       "resolved": "https://registry.npmjs.org/pseudomap/-/pseudomap-1.0.2.tgz",
@@ -24773,6 +24794,15 @@
         "universal-cookie": "4.0.4"
       },
       "dependencies": {
+        "axios": {
+          "version": "0.27.2",
+          "resolved": "https://registry.npmjs.org/axios/-/axios-0.27.2.tgz",
+          "integrity": "sha512-t+yRIyySRTp/wua5xEr+z1q60QmLq8ABsS5O9Me1AsE5dfKqgnCFzwiCZZ/cGNd1lq4/7akDWMxdhVlucjmnOQ==",
+          "requires": {
+            "follow-redirects": "^1.14.9",
+            "form-data": "^4.0.0"
+          }
+        },
         "form-urlencoded": {
           "version": "4.1.4",
           "resolved": "https://registry.npmjs.org/form-urlencoded/-/form-urlencoded-4.1.4.tgz",
@@ -27275,12 +27305,13 @@
       "dev": true
     },
     "axios": {
-      "version": "0.27.2",
-      "resolved": "https://registry.npmjs.org/axios/-/axios-0.27.2.tgz",
-      "integrity": "sha512-t+yRIyySRTp/wua5xEr+z1q60QmLq8ABsS5O9Me1AsE5dfKqgnCFzwiCZZ/cGNd1lq4/7akDWMxdhVlucjmnOQ==",
+      "version": "1.2.5",
+      "resolved": "https://registry.npmjs.org/axios/-/axios-1.2.5.tgz",
+      "integrity": "sha512-9pU/8mmjSSOb4CXVsvGIevN+MlO/t9OWtKadTaLuN85Gge3HGorUckgp8A/2FH4V4hJ7JuQ3LIeI7KAV9ITZrQ==",
       "requires": {
-        "follow-redirects": "^1.14.9",
-        "form-data": "^4.0.0"
+        "follow-redirects": "^1.15.0",
+        "form-data": "^4.0.0",
+        "proxy-from-env": "^1.1.0"
       }
     },
     "axios-cache-interceptor": {
@@ -28594,6 +28625,14 @@
       "dev": true,
       "requires": {
         "is-buffer": "^1.1.5"
+      },
+      "dependencies": {
+        "is-buffer": {
+          "version": "1.1.6",
+          "resolved": "https://registry.npmjs.org/is-buffer/-/is-buffer-1.1.6.tgz",
+          "integrity": "sha512-NcdALwpXkTm5Zvvbk7owOUSvVvBKDgKP5/ewfXEznmQFfs4ZRmanOeKBTjRVjka3QFoN6XJ+9F3USqfHqTaU5w==",
+          "dev": true
+        }
       }
     },
     "clean-stack": {
@@ -36758,6 +36797,11 @@
         }
       }
     },
+    "proxy-from-env": {
+      "version": "1.1.0",
+      "resolved": "https://registry.npmjs.org/proxy-from-env/-/proxy-from-env-1.1.0.tgz",
+      "integrity": "sha512-D+zkORCbA9f1tdWRK0RaCR3GPv50cMxcrz4X8k5LTSUD1Dkw47mKJEZQNunItRTkWwgtaUSo1RVFRIG9ZXiFYg=="
+    },
     "pseudomap": {
       "version": "1.0.2",
       "resolved": "https://registry.npmjs.org/pseudomap/-/pseudomap-1.0.2.tgz",
diff --git a/package.json b/package.json
index c4227a594..6592276dd 100755
--- a/package.json
+++ b/package.json
@@ -42,7 +42,7 @@
     "@fortawesome/react-fontawesome": "^0.2.0",
     "@stripe/react-stripe-js": "^1.10.0",
     "@stripe/stripe-js": "^1.36.0",
-    "axios": "^0.27.2",
+    "axios": "^1.0.0",
     "bootstrap": "4.6.1",
     "classnames": "^2.3.1",
     "core-js": "^3.23.5",