diff --git a/package-lock.json b/package-lock.json
index b2716e9..f95b990 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -81,9 +81,9 @@
       }
     },
     "@openzeppelin/contracts": {
-      "version": "2.4.0",
-      "resolved": "https://registry.npmjs.org/@openzeppelin/contracts/-/contracts-2.4.0.tgz",
-      "integrity": "sha512-xeKP59REgow5TPBJh3S9BRIm7DDG+Rz3Nt4ANWGUkjk4305DHpyUD5CyMJ6nd2JMmZuFyx4mjvvlCtSJLRnN6w==",
+      "version": "4.7.2",
+      "resolved": "https://registry.npmjs.org/@openzeppelin/contracts/-/contracts-4.7.2.tgz",
+      "integrity": "sha512-4n/JL9izql8303mPqPdubuna/DWEMbmOzWYUWyCPhjhiEr2w3nQrjE7vZz1fBF+wzzP6dZbIcsgqACk53c9FGA==",
       "dev": true
     },
     "@openzeppelin/test-helpers": {
diff --git a/package.json b/package.json
index a62fd34..cef6f17 100644
--- a/package.json
+++ b/package.json
@@ -3,7 +3,7 @@
   "version": "1.0.0",
   "description": "Options smart contracts for any EVM compatible chain",
   "devDependencies": {
-    "@openzeppelin/contracts": "2.4.0",
+    "@openzeppelin/contracts": "4.7.2",
     "@openzeppelin/test-helpers": "^0.5.4",
     "@typechain/truffle-v5": "^2.0.2",
     "@types/chai": "4.2.5",