diff --git a/package.json b/package.json
index fd9c91a03d08a..eb9e440ba1c12 100644
--- a/package.json
+++ b/package.json
@@ -922,7 +922,7 @@
     "getos": "^3.1.0",
     "globby": "^11.1.0",
     "gpt-tokenizer": "^2.1.2",
-    "handlebars": "4.7.7",
+    "handlebars": "4.7.8",
     "he": "^1.2.0",
     "history": "^4.9.0",
     "hjson": "3.2.1",
diff --git a/packages/kbn-handlebars/__snapshots__/index.test.ts.snap b/packages/kbn-handlebars/__snapshots__/index.test.ts.snap
index b9a8c27e45911..d25a455699fd6 100644
--- a/packages/kbn-handlebars/__snapshots__/index.test.ts.snap
+++ b/packages/kbn-handlebars/__snapshots__/index.test.ts.snap
@@ -42,7 +42,7 @@ HandlebarsEnvironment {
     "isFunction": [Function],
     "toString": [Function],
   },
-  "VERSION": "4.7.7",
+  "VERSION": "4.7.8",
   "VM": Object {
     "__esModule": true,
     "checkRevision": [Function],
diff --git a/packages/kbn-handlebars/scripts/check_for_upstream_updates.sh b/packages/kbn-handlebars/scripts/check_for_upstream_updates.sh
index 73f7376ab4312..7f2bf784f863e 100755
--- a/packages/kbn-handlebars/scripts/check_for_upstream_updates.sh
+++ b/packages/kbn-handlebars/scripts/check_for_upstream_updates.sh
@@ -34,7 +34,7 @@ else
   echo "     our local versions of these files (located in"
   echo "     'packages/kbn-handlebars/src/spec')."
   echo
-  echo "     https://github.com/handlebars-lang/handlebars.js/compare/$hash...4.x"
+  echo "     https://github.com/handlebars-lang/handlebars.js/compare/$expected_hash...4.x"
   echo
   echo "  2. Execute the following script and commit the updated '$HASH_FILE'"
   echo "     file including any changes you made to our own spec files."
diff --git a/packages/kbn-handlebars/src/spec/.upstream_git_hash b/packages/kbn-handlebars/src/spec/.upstream_git_hash
index 5a6b183166d46..0d4d453a0c5c3 100644
--- a/packages/kbn-handlebars/src/spec/.upstream_git_hash
+++ b/packages/kbn-handlebars/src/spec/.upstream_git_hash
@@ -1 +1 @@
-c65c6cce3f626e4896a9d59250f0908be695adae
\ No newline at end of file
+eab1d141cb4a1d93375d7380ed070aa1f576a2c9
\ No newline at end of file
diff --git a/yarn.lock b/yarn.lock
index 27dfd72978aae..bd88ca2c3e812 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -17863,13 +17863,13 @@ handle-thing@^2.0.0:
   resolved "https://registry.yarnpkg.com/handle-thing/-/handle-thing-2.0.0.tgz#0e039695ff50c93fc288557d696f3c1dc6776754"
   integrity sha512-d4sze1JNC454Wdo2fkuyzCr6aHcbL6PGGuFAz0Li/NcOm1tCHGnWDRmJP85dh9IhQErTc2svWFEX5xHIOo//kQ==
 
-handlebars@4.7.7, handlebars@^4.7.7:
-  version "4.7.7"
-  resolved "https://registry.yarnpkg.com/handlebars/-/handlebars-4.7.7.tgz#9ce33416aad02dbd6c8fafa8240d5d98004945a1"
-  integrity sha512-aAcXm5OAfE/8IXkcZvCepKU3VzW1/39Fb5ZuqMtgI/hT8X2YgoMvBY5dLhq/cpOvw7Lk1nK/UF71aLG/ZnVYRA==
+handlebars@4.7.8, handlebars@^4.7.7:
+  version "4.7.8"
+  resolved "https://registry.yarnpkg.com/handlebars/-/handlebars-4.7.8.tgz#41c42c18b1be2365439188c77c6afae71c0cd9e9"
+  integrity sha512-vafaFqs8MZkRrSX7sFVUdo3ap/eNiLnb4IakshzvP56X5Nr1iGKAIqdX6tMlm6HcNRIkr6AxO5jFEoJzzpT8aQ==
   dependencies:
     minimist "^1.2.5"
-    neo-async "^2.6.0"
+    neo-async "^2.6.2"
     source-map "^0.6.1"
     wordwrap "^1.0.0"
   optionalDependencies:
@@ -22666,7 +22666,7 @@ negotiator@0.6.3, negotiator@^0.6.2, negotiator@^0.6.3:
   resolved "https://registry.yarnpkg.com/negotiator/-/negotiator-0.6.3.tgz#58e323a72fedc0d6f9cd4d31fe49f51479590ccd"
   integrity sha512-+EUsqGPLsM+j/zdChZjsnX51g4XrHFOIXwfnCVPGlQk/k5giakcKsuxCObBRu6DSm9opw/O6slWbJdghQM4bBg==
 
-neo-async@^2.5.0, neo-async@^2.6.0, neo-async@^2.6.1, neo-async@^2.6.2:
+neo-async@^2.5.0, neo-async@^2.6.1, neo-async@^2.6.2:
   version "2.6.2"
   resolved "https://registry.yarnpkg.com/neo-async/-/neo-async-2.6.2.tgz#b4aafb93e3aeb2d8174ca53cf163ab7d7308305f"
   integrity sha512-Yd3UES5mWCSqR+qNT93S3UoYUkqAZ9lLg8a7g9rimsWmYGK8cVToA4/sF3RrshdyV3sAGMXVUmpMYOw+dLpOuw==