diff --git a/newrelic.ini b/newrelic.ini
index f8eb87bd36..f546e92b4f 100644
--- a/newrelic.ini
+++ b/newrelic.ini
@@ -188,7 +188,16 @@ error_collector.ignore_errors = app.v2.errors:BadRequestError jsonschema.excepti
 # specific environment will be used when the environment argument to the
 # newrelic.agent.initialize() function has been defined to be either
 # "development", "test", "staging" or "production".
-#
+
+# If this setting is enabled, it will capture package and version
+# information on startup of the agent that is displayed in the APM
+# environment tab.
+# In applications that have a large number of packages, having this
+# setting enabled may cause a CPU spike as it captures all the package
+# and version information. It is recommended in those cases to disable
+# this setting.
+# Disabling this setting will disable the ability to detect vulnerabilities in outdated packages.
+package_reporting.enabled = false
 
 [newrelic:development]
 # monitor_mode = false
diff --git a/poetry.lock b/poetry.lock
index afe7624cec..0c5a5175ea 100644
--- a/poetry.lock
+++ b/poetry.lock
@@ -2615,26 +2615,26 @@ test = ["codecov (>=2.1)", "pytest (>=7.2)", "pytest-cov (>=4.0)"]
 
 [[package]]
 name = "newrelic"
-version = "9.1.1"
+version = "9.2.0"
 description = "New Relic Python Agent"
 optional = false
 python-versions = ">=2.7,!=3.0.*,!=3.1.*,!=3.2.*,!=3.3.*,!=3.4.*,!=3.5.*,!=3.6.*"
 files = [
-    {file = "newrelic-9.1.1-cp27-cp27m-manylinux1_x86_64.whl", hash = "sha256:639abcaa1baee5a1a137036e328617e3a6bbb33a63814ef6227a8059d9062f0d"},
-    {file = "newrelic-9.1.1-cp27-cp27m-manylinux2010_x86_64.whl", hash = "sha256:1bd46363c71c3fc5dbcc0e96e1698757f4e7ff82c73a0ccb28f18c2b9f9c5de5"},
-    {file = "newrelic-9.1.1-cp27-cp27mu-manylinux1_x86_64.whl", hash = "sha256:fbebaf8d9801eef85827ca2906a7bdbc2a458a226455da49c71857e2ce2b264a"},
-    {file = "newrelic-9.1.1-cp27-cp27mu-manylinux2010_x86_64.whl", hash = "sha256:c1a91322fdb301a7a17aab8df2e70925c1e2a01a61136d86a0e433f6ff167c5c"},
-    {file = "newrelic-9.1.1-cp310-cp310-manylinux_2_17_aarch64.manylinux2014_aarch64.whl", hash = "sha256:d677f8f11bd69d92a4b359c53a04e02094e5198ed1aa49c9b1ca235522d5efd5"},
-    {file = "newrelic-9.1.1-cp310-cp310-manylinux_2_5_x86_64.manylinux1_x86_64.manylinux_2_17_x86_64.manylinux2014_x86_64.whl", hash = "sha256:289cebbb86eb92b6c133e18cd5640115a918db41ae791d11c1ded5b592dd7c23"},
-    {file = "newrelic-9.1.1-cp311-cp311-manylinux_2_17_aarch64.manylinux2014_aarch64.whl", hash = "sha256:b1b93effe99be14a1747a70e9368274091abbed2ef3c593b08a29732d72d83e4"},
-    {file = "newrelic-9.1.1-cp311-cp311-manylinux_2_5_x86_64.manylinux1_x86_64.manylinux_2_17_x86_64.manylinux2014_x86_64.whl", hash = "sha256:45966c5f083d1f1abb76828c4864d20296f6929053fbe4d122e164d84c78e388"},
-    {file = "newrelic-9.1.1-cp37-cp37m-manylinux_2_17_aarch64.manylinux2014_aarch64.whl", hash = "sha256:18e8e6af37cc084007913b991bced2ea2b8b31ed5318a397f210a9625c214459"},
-    {file = "newrelic-9.1.1-cp37-cp37m-manylinux_2_5_x86_64.manylinux1_x86_64.manylinux_2_17_x86_64.manylinux2014_x86_64.whl", hash = "sha256:437dfae553012dbe6e0f288b1f600ef27b0ebc2c367641723529b1a71fa541ae"},
-    {file = "newrelic-9.1.1-cp38-cp38-manylinux_2_17_aarch64.manylinux2014_aarch64.whl", hash = "sha256:5489becb7cff1ba992405c9d891fd1743e8042910c97f89ac072fd562501cdb1"},
-    {file = "newrelic-9.1.1-cp38-cp38-manylinux_2_5_x86_64.manylinux1_x86_64.manylinux_2_17_x86_64.manylinux2014_x86_64.whl", hash = "sha256:8403b48807eae524ee1b2da254f4222834f3aef8326dd4475f0b22f924774bde"},
-    {file = "newrelic-9.1.1-cp39-cp39-manylinux_2_17_aarch64.manylinux2014_aarch64.whl", hash = "sha256:603158cb23ed6604845e4fc8ee2a052e60003ccbb7da0f4b00667cd0c7c77c11"},
-    {file = "newrelic-9.1.1-cp39-cp39-manylinux_2_5_x86_64.manylinux1_x86_64.manylinux_2_17_x86_64.manylinux2014_x86_64.whl", hash = "sha256:96dedf6c1a385bf7b4b1336b3e4b5a0d6e983b5305022176c7c43d327e768bf3"},
-    {file = "newrelic-9.1.1.tar.gz", hash = "sha256:968a3662ccfb881498789105a52eec866b57c22b8cbdef43889ad76881c62a95"},
+    {file = "newrelic-9.2.0-cp27-cp27m-manylinux1_x86_64.whl", hash = "sha256:2b942eb9cfe8f62268e091d399d95a6762ef5fb90636839d61a30391efbcfbf0"},
+    {file = "newrelic-9.2.0-cp27-cp27m-manylinux2010_x86_64.whl", hash = "sha256:56df42fc26400d8ee1e324bfff40439399149b15fbeb8ffd532a96e54576e69c"},
+    {file = "newrelic-9.2.0-cp27-cp27mu-manylinux1_x86_64.whl", hash = "sha256:2cfa86a5c3388490335385e0c8c155ee1f06d738282721bd05a8c7ceed33fd92"},
+    {file = "newrelic-9.2.0-cp27-cp27mu-manylinux2010_x86_64.whl", hash = "sha256:4139ef79e6abb7458edcf67f4ac0ce0b7dacbb58357f4d41716971fb15f778b6"},
+    {file = "newrelic-9.2.0-cp310-cp310-manylinux_2_17_aarch64.manylinux2014_aarch64.whl", hash = "sha256:d36cf6ad3cf1df3989dba9c8a5dbc36150dd1852ffeccdf6b957f21a2d5869c0"},
+    {file = "newrelic-9.2.0-cp310-cp310-manylinux_2_5_x86_64.manylinux1_x86_64.manylinux_2_17_x86_64.manylinux2014_x86_64.whl", hash = "sha256:420f07d0ea1bfde21507e6a59c5714f3a0451d01ab08f5ef79dd42b4552ef5ac"},
+    {file = "newrelic-9.2.0-cp311-cp311-manylinux_2_17_aarch64.manylinux2014_aarch64.whl", hash = "sha256:b1bddb5793117d91e130f2f93a86f5c3d9f29823329d35a38f8f64b738b3335e"},
+    {file = "newrelic-9.2.0-cp311-cp311-manylinux_2_5_x86_64.manylinux1_x86_64.manylinux_2_17_x86_64.manylinux2014_x86_64.whl", hash = "sha256:c5b1edfc48c3d483d990bab28f268d64914f76180e057424914bb29e5bcfa927"},
+    {file = "newrelic-9.2.0-cp37-cp37m-manylinux_2_17_aarch64.manylinux2014_aarch64.whl", hash = "sha256:8f6c5065c434f8fb65e0e5a96a0e385be9baf5625e024cb9c87f345d966a9e5f"},
+    {file = "newrelic-9.2.0-cp37-cp37m-manylinux_2_5_x86_64.manylinux1_x86_64.manylinux_2_17_x86_64.manylinux2014_x86_64.whl", hash = "sha256:b151f1830590cebb53ddf45462101a0ef59d91e28a46a1a652626dc0d4c0148d"},
+    {file = "newrelic-9.2.0-cp38-cp38-manylinux_2_17_aarch64.manylinux2014_aarch64.whl", hash = "sha256:d9db7dc6541a519acb327f9409c96f42faefb60748f0827c1dacce7613f88864"},
+    {file = "newrelic-9.2.0-cp38-cp38-manylinux_2_5_x86_64.manylinux1_x86_64.manylinux_2_17_x86_64.manylinux2014_x86_64.whl", hash = "sha256:a2a69115893ec53b1815b1041e231265abcf60d7d4c07ccc335b6146459e07ed"},
+    {file = "newrelic-9.2.0-cp39-cp39-manylinux_2_17_aarch64.manylinux2014_aarch64.whl", hash = "sha256:2911fb601b2a66eb0ab328342e0253889d94102c0b823f9dc5f6124917f9fbac"},
+    {file = "newrelic-9.2.0-cp39-cp39-manylinux_2_5_x86_64.manylinux1_x86_64.manylinux_2_17_x86_64.manylinux2014_x86_64.whl", hash = "sha256:88c799cb29e6b9c20fed50709edea6bc2b05fc5e40d0fd4d3fe2a37ae4352043"},
+    {file = "newrelic-9.2.0.tar.gz", hash = "sha256:32395e1c6a97cc96427abaf4b274ccf00709613a68d18b51fc2c0711cda89bc7"},
 ]
 
 [package.extras]
@@ -4668,4 +4668,4 @@ testing = ["coverage (>=5.0.3)", "zope.event", "zope.testing"]
 [metadata]
 lock-version = "2.0"
 python-versions = "~3.10.9"
-content-hash = "75a9f5035a4c3598836f34a7e9440aff6b4400ced2494a8e5e7625b50e906fef"
+content-hash = "94c7d45c58e7e8f851f98368ff8dc835f860014f265611227a09e6174c0043c3"
diff --git a/pyproject.toml b/pyproject.toml
index 35987c796e..a761560475 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -49,7 +49,7 @@ PyYAML = "6.0.1"
 
 cachelib = "0.12.0"
 SQLAlchemy = "1.4.52"
-newrelic = "9.1.1"
+newrelic = "9.2.0"
 notifications-python-client = "6.4.1"
 python-dotenv = "1.0.1"
 pwnedpasswords = "2.0.0"