diff --git a/packages/gatsby-transformer-sqip/package.json b/packages/gatsby-transformer-sqip/package.json
index dcc4a938d7d1f..7af04e13312bb 100644
--- a/packages/gatsby-transformer-sqip/package.json
+++ b/packages/gatsby-transformer-sqip/package.json
@@ -8,7 +8,7 @@
   },
   "dependencies": {
     "@babel/runtime": "^7.0.0",
-    "axios": "^0.18.0",
+    "axios": "^0.20.0",
     "fs-extra": "^4.0.2",
     "gatsby-plugin-sharp": "^2.0.13",
     "mini-svg-data-uri": "^1.0.0",