diff --git a/requirements/constraints.txt b/requirements/constraints.txt
index d4bb6df88c..8c3e88d6d5 100644
--- a/requirements/constraints.txt
+++ b/requirements/constraints.txt
@@ -20,8 +20,8 @@ celery>=5.2.2,<6.0.0
 # required for celery>=5.2.0;<5.3.0
 click>=8.0,<9.0
 
-# django-storages version 1.11.1 is major version upgrade.
-django-storages==1.11.1
+# django-storages version upgrade
+django-storages==1.12.3
 
 
 # The team that owns this package will manually bump this package rather than having it pulled in automatically.
diff --git a/requirements/edx/base.txt b/requirements/edx/base.txt
index 52cef5293c..56fa93e375 100644
--- a/requirements/edx/base.txt
+++ b/requirements/edx/base.txt
@@ -357,7 +357,7 @@ django-statici18n==2.4.0
     #   -r requirements/edx/kernel.in
     #   lti-consumer-xblock
     #   xblock-drag-and-drop-v2
-django-storages==1.11.1
+django-storages==1.12.3
     # via
     #   -c requirements/edx/../constraints.txt
     #   -r requirements/edx/kernel.in
diff --git a/requirements/edx/development.txt b/requirements/edx/development.txt
index 5695e1f88a..da76824925 100644
--- a/requirements/edx/development.txt
+++ b/requirements/edx/development.txt
@@ -571,7 +571,7 @@ django-statici18n==2.4.0
     #   -r requirements/edx/testing.txt
     #   lti-consumer-xblock
     #   xblock-drag-and-drop-v2
-django-storages==1.11.1
+django-storages==1.12.3
     # via
     #   -c requirements/edx/../constraints.txt
     #   -r requirements/edx/doc.txt
diff --git a/requirements/edx/doc.txt b/requirements/edx/doc.txt
index adeb3520e9..286876832e 100644
--- a/requirements/edx/doc.txt
+++ b/requirements/edx/doc.txt
@@ -420,7 +420,7 @@ django-statici18n==2.4.0
     #   -r requirements/edx/base.txt
     #   lti-consumer-xblock
     #   xblock-drag-and-drop-v2
-django-storages==1.11.1
+django-storages==1.12.3
     # via
     #   -c requirements/edx/../constraints.txt
     #   -r requirements/edx/base.txt
diff --git a/requirements/edx/testing.txt b/requirements/edx/testing.txt
index d883982730..92c3c9b44b 100644
--- a/requirements/edx/testing.txt
+++ b/requirements/edx/testing.txt
@@ -453,7 +453,7 @@ django-statici18n==2.4.0
     #   -r requirements/edx/base.txt
     #   lti-consumer-xblock
     #   xblock-drag-and-drop-v2
-django-storages==1.11.1
+django-storages==1.12.3
     # via
     #   -c requirements/edx/../constraints.txt
     #   -r requirements/edx/base.txt