diff --git a/erc20-connector/package.json b/erc20-connector/package.json
index aa09c627..640a2658 100644
--- a/erc20-connector/package.json
+++ b/erc20-connector/package.json
@@ -5,7 +5,7 @@
     "license": "MIT",
     "dependencies": {
         "@openzeppelin/cli": "^2.8.1",
-        "@openzeppelin/contracts": "^4.7",
+        "@openzeppelin/contracts": "^4.9",
         "rainbow-bridge-sol": "https://gitpkg.now.sh/aurora-is-near/rainbow-bridge/contracts/eth?c80ff19c74a00ee2d08907668f95f4f99aee8356",
         "rainbow-bridge-lib": "https://github.com/near/rainbow-bridge-lib",
         "truffle-assertions": "^0.9.2"
diff --git a/erc20-connector/yarn.lock b/erc20-connector/yarn.lock
index 8e54c4a5..0122949a 100644
--- a/erc20-connector/yarn.lock
+++ b/erc20-connector/yarn.lock
@@ -993,10 +993,10 @@
     find-up "^4.1.0"
     fs-extra "^8.1.0"
 
-"@openzeppelin/contracts@^4.7":
-  version "4.7.2"
-  resolved "https://registry.yarnpkg.com/@openzeppelin/contracts/-/contracts-4.7.2.tgz#7587416fe2d35abf574193515b8971bfe9f64bc7"
-  integrity sha512-4n/JL9izql8303mPqPdubuna/DWEMbmOzWYUWyCPhjhiEr2w3nQrjE7vZz1fBF+wzzP6dZbIcsgqACk53c9FGA==
+"@openzeppelin/contracts@^4.9":
+  version "4.9.2"
+  resolved "https://registry.yarnpkg.com/@openzeppelin/contracts/-/contracts-4.9.2.tgz#1cb2d5e4d3360141a17dbc45094a8cad6aac16c1"
+  integrity sha512-mO+y6JaqXjWeMh9glYVzVu8HYPGknAAnWyxTRhGeckOruyXQMNnlcW6w/Dx9ftLeIQk6N+ZJFuVmTwF7lEIFrg==
 
 "@openzeppelin/fuzzy-solidity-import-parser@^0.1.2":
   version "0.1.2"