diff --git a/package-lock.json b/package-lock.json
index 47f1a46c..d1918086 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -48,7 +48,7 @@
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         "@wojtekmaj/enzyme-adapter-react-17": "^0.8.0",
-        "babel-plugin-formatjs": "10.5.1",
+        "babel-plugin-formatjs": "10.5.3",
         "enzyme": "3.11.0",
         "eslint-plugin-import": "2.27.5",
         "glob": "7.2.3",
@@ -3423,59 +3423,59 @@
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-        "@formatjs/icu-skeleton-parser": "1.4.0",
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+      "resolved": "https://registry.npmjs.org/@formatjs/ecma402-abstract/-/ecma402-abstract-1.17.0.tgz",
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       "dev": true,
       "dependencies": {
-        "@formatjs/intl-localematcher": "0.2.32",
+        "@formatjs/intl-localematcher": "0.4.0",
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+      "resolved": "https://registry.npmjs.org/@formatjs/intl-localematcher/-/intl-localematcher-0.4.0.tgz",
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-      "resolved": "https://registry.npmjs.org/@formatjs/icu-skeleton-parser/-/icu-skeleton-parser-1.4.0.tgz",
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+      "version": "1.6.0",
+      "resolved": "https://registry.npmjs.org/@formatjs/icu-skeleton-parser/-/icu-skeleton-parser-1.6.0.tgz",
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       "dev": true,
       "dependencies": {
-        "@formatjs/ecma402-abstract": "1.15.0",
+        "@formatjs/ecma402-abstract": "1.17.0",
         "tslib": "^2.4.0"
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     "node_modules/@formatjs/icu-skeleton-parser/node_modules/@formatjs/ecma402-abstract": {
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-      "resolved": "https://registry.npmjs.org/@formatjs/ecma402-abstract/-/ecma402-abstract-1.15.0.tgz",
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+      "resolved": "https://registry.npmjs.org/@formatjs/ecma402-abstract/-/ecma402-abstract-1.17.0.tgz",
+      "integrity": "sha512-6ueQTeJZtwKjmh23bdkq/DMqH4l4bmfvtQH98blOSbiXv/OUiyijSW6jU22IT8BNM1ujCaEvJfTtyCYVH38EMQ==",
       "dev": true,
       "dependencies": {
-        "@formatjs/intl-localematcher": "0.2.32",
+        "@formatjs/intl-localematcher": "0.4.0",
         "tslib": "^2.4.0"
       }
     },
     "node_modules/@formatjs/icu-skeleton-parser/node_modules/@formatjs/intl-localematcher": {
-      "version": "0.2.32",
-      "resolved": "https://registry.npmjs.org/@formatjs/intl-localematcher/-/intl-localematcher-0.2.32.tgz",
-      "integrity": "sha512-k/MEBstff4sttohyEpXxCmC3MqbUn9VvHGlZ8fauLzkbwXmVrEeyzS+4uhrvAk9DWU9/7otYWxyDox4nT/KVLQ==",
+      "version": "0.4.0",
+      "resolved": "https://registry.npmjs.org/@formatjs/intl-localematcher/-/intl-localematcher-0.4.0.tgz",
+      "integrity": "sha512-bRTd+rKomvfdS4QDlVJ6TA/Jx1F2h/TBVO5LjvhQ7QPPHp19oPNMIum7W2CMEReq/zPxpmCeB31F9+5gl/qtvw==",
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@@ -7300,9 +7300,9 @@
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-      "version": "10.5.1",
-      "resolved": "https://registry.npmjs.org/babel-plugin-formatjs/-/babel-plugin-formatjs-10.5.1.tgz",
-      "integrity": "sha512-IkwrKjl2Zg6br2wuayPIsaPF92RzGgh5WdQj+A/9zokpYeIF7sscZGwwHmeTSoPnIAAENvjRMm/escMQkp+eKg==",
+      "version": "10.5.3",
+      "resolved": "https://registry.npmjs.org/babel-plugin-formatjs/-/babel-plugin-formatjs-10.5.3.tgz",
+      "integrity": "sha512-PBeryWyN2HY2VUGNFPQS6+DPNQ/I9zDZ97y38i1+LzIpIyTHBePECq/ehEABE73PvvF2irFiN7TCYBrQQw5+lA==",
       "dev": true,
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@@ -7310,8 +7310,8 @@
         "@babel/plugin-syntax-jsx": "7",
         "@babel/traverse": "7",
         "@babel/types": "^7.12.11",
-        "@formatjs/icu-messageformat-parser": "2.4.0",
-        "@formatjs/ts-transformer": "3.13.1",
+        "@formatjs/icu-messageformat-parser": "2.6.0",
+        "@formatjs/ts-transformer": "3.13.3",
         "@types/babel__core": "^7.1.7",
         "@types/babel__helper-plugin-utils": "^7.10.0",
         "@types/babel__traverse": "^7.1.7",
@@ -7319,12 +7319,12 @@
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     "node_modules/babel-plugin-formatjs/node_modules/@formatjs/ts-transformer": {
-      "version": "3.13.1",
-      "resolved": "https://registry.npmjs.org/@formatjs/ts-transformer/-/ts-transformer-3.13.1.tgz",
-      "integrity": "sha512-U5BuLqFx5wre5Q0NrZhBh7itMJZISYuZGoj8HdN/UO1EKaTL2HQjE1G040GjTpY0k+AAyaHK3b8WPqgHLvIaIQ==",
+      "version": "3.13.3",
+      "resolved": "https://registry.npmjs.org/@formatjs/ts-transformer/-/ts-transformer-3.13.3.tgz",
+      "integrity": "sha512-W6+huH4dLYx8eZfZue6fcreNzLZHoPboreqJSkickYCKIOicI35zC0Txb4xCT6kau/DXAKTpNEln3V2NgX6Igg==",
       "dev": true,
       "dependencies": {
-        "@formatjs/icu-messageformat-parser": "2.4.0",
+        "@formatjs/icu-messageformat-parser": "2.6.0",
         "@types/json-stable-stringify": "^1.0.32",
         "@types/node": "14 || 16 || 17",
         "chalk": "^4.0.0",
diff --git a/package.json b/package.json
index 6556aaa2..ec06400c 100644
--- a/package.json
+++ b/package.json
@@ -71,7 +71,7 @@
     "@edx/frontend-build": "12.8.60",
     "@edx/reactifex": "1.1.0",
     "@wojtekmaj/enzyme-adapter-react-17": "^0.8.0",
-    "babel-plugin-formatjs": "10.5.1",
+    "babel-plugin-formatjs": "10.5.3",
     "enzyme": "3.11.0",
     "eslint-plugin-import": "2.27.5",
     "glob": "7.2.3",