diff --git a/package-lock.json b/package-lock.json
index 4d1027de5..639288dd4 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -22,7 +22,7 @@
         "@openedx/paragon": "^22.0.0",
         "@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",
@@ -2349,6 +2349,15 @@
         "tslib": "^2.4.0"
       }
     },
+    "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",
@@ -6040,12 +6049,13 @@
       }
     },
     "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": "1.6.7",
+      "resolved": "https://registry.npmjs.org/axios/-/axios-1.6.7.tgz",
+      "integrity": "sha512-/hDJGff6/c7u0hDkvkGxR/oy6CbCs8ziCsC7SqmhjfozqiJGc8Z11wrv9z9lYfY4K8l+H9TpjcMDX0xOZmx+RA==",
       "dependencies": {
-        "follow-redirects": "^1.14.9",
-        "form-data": "^4.0.0"
+        "follow-redirects": "^1.15.4",
+        "form-data": "^4.0.0",
+        "proxy-from-env": "^1.1.0"
       }
     },
     "node_modules/axios-cache-interceptor": {
@@ -15482,6 +15492,11 @@
         "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/psl": {
       "version": "1.9.0",
       "resolved": "https://registry.npmjs.org/psl/-/psl-1.9.0.tgz",
diff --git a/package.json b/package.json
index 8bb334f0c..0cfd4b7ee 100755
--- a/package.json
+++ b/package.json
@@ -43,7 +43,7 @@
     "@openedx/paragon": "^22.0.0",
     "@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",