diff --git a/package.json b/package.json
index a025605..50e9452 100644
--- a/package.json
+++ b/package.json
@@ -36,28 +36,28 @@
   ],
   "homepage": "https://github.com/snyk-tech-services/snyk-licenses-texts#readme",
   "dependencies": {
-    "@snyk/configstore": "^3.2.0-rc1",
-    "cheerio": "1.0.0-rc.3",
+    "@snyk/configstore": "3.2.0-rc1",
+    "cheerio": "1.0.0-rc.12",
     "debug": "4.3.4",
     "handlebars": "4.7.7",
     "lodash": "4.17.21",
     "node-fetch": "2.6.7",
-    "p-map": "4.0.0",
-    "puppeteer": "5.4.1",
-    "snyk-api-ts-client": "1.8.1",
-    "snyk-config": "4.0.0",
-    "snyk-request-manager": "1.5.0",
-    "source-map-support": "^0.5.16",
+    "p-map": "5.5.0",
+    "puppeteer": "18.2.1",
+    "snyk-api-ts-client": "1.10.0",
+    "snyk-config": "5.1.0",
+    "snyk-request-manager": "1.8.0",
+    "source-map-support": "0.5.21",
     "tslib": "2.4.0",
-    "yargs": "16.2.0"
+    "yargs": "17.6.0"
   },
   "devDependencies": {
-    "@types/cheerio": "0.22.23",
-    "@types/jest": "26.0.13",
-    "@types/lodash": "4.14.161",
-    "@types/node": "14.6.3",
-    "@typescript-eslint/eslint-plugin": "5.29.0",
-    "@typescript-eslint/parser": "5.29.0",
+    "@types/cheerio": "0.22.31",
+    "@types/jest": "29.1.2",
+    "@types/lodash": "4.14.186",
+    "@types/node": "18.8.4",
+    "@typescript-eslint/eslint-plugin": "5.40.0",
+    "@typescript-eslint/parser": "5.40.0",
     "cpx": "1.5.0",
     "eslint": "8.18.0",
     "jest": "26.4.2",
diff --git a/src/lib/generate-report/index.ts b/src/lib/generate-report/index.ts
index c0338e4..218fb6a 100644
--- a/src/lib/generate-report/index.ts
+++ b/src/lib/generate-report/index.ts
@@ -149,9 +149,9 @@ async function compileTemplate(
   );
 }
 
-function readFile(filePath: string, encoding: string): Promise<string> {
+function readFile(filePath: string, encoding: BufferEncoding): Promise<string> {
   return new Promise<string>((resolve, reject) => {
-    fs.readFile(filePath, encoding, (err, data) => {
+    fs.readFile(filePath, { encoding }, (err, data) => {
       if (err) {
         reject(err);
       }