diff --git a/ghost/minifier/package.json b/ghost/minifier/package.json
index fd2783dd9c..6a6e1abfb9 100644
--- a/ghost/minifier/package.json
+++ b/ghost/minifier/package.json
@@ -28,7 +28,7 @@
     "@tryghost/errors": "1.3.2",
     "@tryghost/tpl": "0.1.30",
     "csso": "5.0.5",
-    "terser": "5.31.1",
+    "terser": "5.31.3",
     "tiny-glob": "0.2.9"
   }
 }
diff --git a/yarn.lock b/yarn.lock
index e4cccdb81f..93278ba4f9 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -30228,10 +30228,10 @@ terser-webpack-plugin@^5.3.10:
     serialize-javascript "^6.0.1"
     terser "^5.26.0"
 
-terser@5.31.1, terser@^5.26.0, terser@^5.7.0:
-  version "5.31.1"
-  resolved "https://registry.yarnpkg.com/terser/-/terser-5.31.1.tgz#735de3c987dd671e95190e6b98cfe2f07f3cf0d4"
-  integrity sha512-37upzU1+viGvuFtBo9NPufCb9dwM0+l9hMxYyWfBA+fbwrPqNJAhbZ6W47bBFnZHKHTUBnMvi87434qq+qnxOg==
+terser@5.31.3, terser@^5.26.0, terser@^5.7.0:
+  version "5.31.3"
+  resolved "https://registry.yarnpkg.com/terser/-/terser-5.31.3.tgz#b24b7beb46062f4653f049eea4f0cd165d0f0c38"
+  integrity sha512-pAfYn3NIZLyZpa83ZKigvj6Rn9c/vd5KfYGX7cN1mnzqgDcxWvrU5ZtAfIKhEXz9nRecw4z3LXkjaq96/qZqAA==
   dependencies:
     "@jridgewell/source-map" "^0.3.3"
     acorn "^8.8.2"