diff --git a/packages/next/package.json b/packages/next/package.json
index eda002240f7e9..3a771e097cd41 100644
--- a/packages/next/package.json
+++ b/packages/next/package.json
@@ -70,7 +70,7 @@
     "launch-editor": "2.2.1",
     "loader-utils": "1.1.0",
     "mkdirp-then": "1.2.0",
-    "nanoid": "1.2.1",
+    "nanoid": "3.3.8",
     "next-server": "^7.0.2-canary.49",
     "prop-types": "15.6.2",
     "prop-types-exact": "1.2.0",
@@ -80,7 +80,7 @@
     "resolve": "1.5.0",
     "strip-ansi": "3.0.1",
     "styled-jsx": "3.1.1",
-    "terser-webpack-plugin": "1.1.0",
+    "terser-webpack-plugin": "5.3.11",
     "tty-aware-progress": "1.0.3",
     "unfetch": "3.0.0",
     "url": "0.11.0",