diff --git a/package-lock.json b/package-lock.json
index cd83ba375..381cd8848 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -17,7 +17,7 @@
         "lodash": "^4.17.21",
         "loopback-connector": "^6.1.7",
         "minimatch": "^9.0.5",
-        "nanoid": "^3.3.7",
+        "nanoid": "^5.0.7",
         "qs": "^6.13.0",
         "strong-globalize": "^6.0.6",
         "traverse": "^0.6.9",
@@ -4696,9 +4696,9 @@
       }
     },
     "node_modules/nanoid": {
-      "version": "3.3.7",
-      "resolved": "https://registry.npmjs.org/nanoid/-/nanoid-3.3.7.tgz",
-      "integrity": "sha512-eSRppjcPIatRIMC1U6UngP8XFcz8MQWGQdt1MTBQ7NaAmvXDfvNxbvWV3x2y6CdEUciCSsDHDQZbhYaB8QEo2g==",
+      "version": "5.0.7",
+      "resolved": "https://registry.npmjs.org/nanoid/-/nanoid-5.0.7.tgz",
+      "integrity": "sha512-oLxFY2gd2IqnjcYyOXD8XGCftpGtZP2AbHbOkthDkvRywH5ayNtPVy9YlOPcHckXzbLTCHpkb7FB+yuxKV13pQ==",
       "funding": [
         {
           "type": "github",
@@ -4707,10 +4707,10 @@
       ],
       "license": "MIT",
       "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 e8b0f8ffe..2b15df617 100644
--- a/package.json
+++ b/package.json
@@ -59,7 +59,7 @@
     "lodash": "^4.17.21",
     "loopback-connector": "^6.1.7",
     "minimatch": "^9.0.5",
-    "nanoid": "^3.3.7",
+    "nanoid": "^5.0.7",
     "qs": "^6.13.0",
     "strong-globalize": "^6.0.6",
     "traverse": "^0.6.9",