diff --git a/packages/project-utils/package.json b/packages/project-utils/package.json
index 6b8d380cfb1..fb4cba0e3ee 100644
--- a/packages/project-utils/package.json
+++ b/packages/project-utils/package.json
@@ -80,7 +80,7 @@
     "url": "0.11.0",
     "url-loader": "4.1.1",
     "vm-browserify": "^1.1.2",
-    "webpack": "^5.91.0",
+    "webpack": "^5.94.0",
     "webpack-dev-server": "^4.15.2",
     "webpack-manifest-plugin": "^4.0.2",
     "webpackbar": "^6.0.0"
diff --git a/packages/serverless-cms-aws/package.json b/packages/serverless-cms-aws/package.json
index c55a0146700..e228c7ff6a7 100644
--- a/packages/serverless-cms-aws/package.json
+++ b/packages/serverless-cms-aws/package.json
@@ -63,7 +63,7 @@
     "invariant": "^2.2.4",
     "node-fetch": "2.6.7",
     "ora": "^4.1.1",
-    "webpack": "^5.91.0"
+    "webpack": "^5.94.0"
   },
   "devDependencies": {
     "@webiny/cli": "0.0.0",
diff --git a/yarn.lock b/yarn.lock
index f2017a53648..538103738ec 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -10434,13 +10434,13 @@ __metadata:
   languageName: node
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-"@types/eslint-scope@npm:^3.7.3":
-  version: 3.7.4
-  resolution: "@types/eslint-scope@npm:3.7.4"
+"@types/eslint-scope@npm:^3.7.7":
+  version: 3.7.7
+  resolution: "@types/eslint-scope@npm:3.7.7"
   dependencies:
     "@types/eslint": "*"
     "@types/estree": "*"
-  checksum: ea6a9363e92f301cd3888194469f9ec9d0021fe0a397a97a6dd689e7545c75de0bd2153dfb13d3ab532853a278b6572c6f678ce846980669e41029d205653460
+  checksum: e2889a124aaab0b89af1bab5959847c5bec09809209255de0e63b9f54c629a94781daa04adb66bffcdd742f5e25a17614fb933965093c0eea64aacda4309380e
   languageName: node
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@@ -10461,10 +10461,10 @@ __metadata:
   languageName: node
   linkType: hard
 
-"@types/estree@npm:^1.0.5":
-  version: 1.0.5
-  resolution: "@types/estree@npm:1.0.5"
-  checksum: dd8b5bed28e6213b7acd0fb665a84e693554d850b0df423ac8076cc3ad5823a6bc26b0251d080bdc545af83179ede51dd3f6fa78cad2c46ed1f29624ddf3e41a
+"@types/estree@npm:^1.0.6":
+  version: 1.0.6
+  resolution: "@types/estree@npm:1.0.6"
+  checksum: 8825d6e729e16445d9a1dd2fb1db2edc5ed400799064cd4d028150701031af012ba30d6d03fe9df40f4d7a437d0de6d2b256020152b7b09bde9f2e420afdffd9
   languageName: node
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@@ -15753,7 +15753,7 @@ __metadata:
     url: 0.11.0
     url-loader: 4.1.1
     vm-browserify: ^1.1.2
-    webpack: ^5.91.0
+    webpack: ^5.94.0
     webpack-dev-server: ^4.15.2
     webpack-manifest-plugin: ^4.0.2
     webpackbar: ^6.0.0
@@ -15981,7 +15981,7 @@ __metadata:
     ora: ^4.1.1
     ttypescript: ^1.5.12
     typescript: 4.9.5
-    webpack: ^5.91.0
+    webpack: ^5.94.0
   languageName: unknown
   linkType: soft
 
@@ -16360,15 +16360,6 @@ __metadata:
   languageName: node
   linkType: hard
 
-"acorn-import-assertions@npm:^1.9.0":
-  version: 1.9.0
-  resolution: "acorn-import-assertions@npm:1.9.0"
-  peerDependencies:
-    acorn: ^8
-  checksum: 944fb2659d0845c467066bdcda2e20c05abe3aaf11972116df457ce2627628a81764d800dd55031ba19de513ee0d43bb771bc679cc0eda66dc8b4fade143bc0c
-  languageName: node
-  linkType: hard
-
 "acorn-import-attributes@npm:^1.9.5":
   version: 1.9.5
   resolution: "acorn-import-attributes@npm:1.9.5"
@@ -16394,7 +16385,16 @@ __metadata:
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   linkType: hard
 
-"acorn@npm:^8.4.1, acorn@npm:^8.5.0, acorn@npm:^8.7.1":
+"acorn@npm:^8.14.0":
+  version: 8.14.0
+  resolution: "acorn@npm:8.14.0"
+  bin:
+    acorn: bin/acorn
+  checksum: 8755074ba55fff94e84e81c72f1013c2d9c78e973c31231c8ae505a5f966859baf654bddd75046bffd73ce816b149298977fff5077a3033dedba0ae2aad152d4
+  languageName: node
+  linkType: hard
+
+"acorn@npm:^8.4.1, acorn@npm:^8.5.0":
   version: 8.8.2
   resolution: "acorn@npm:8.8.2"
   bin:
@@ -18320,20 +18320,6 @@ __metadata:
   languageName: node
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-"browserslist@npm:^4.21.10, browserslist@npm:^4.22.3, browserslist@npm:^4.23.0":
-  version: 4.23.0
-  resolution: "browserslist@npm:4.23.0"
-  dependencies:
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-    electron-to-chromium: ^1.4.668
-    node-releases: ^2.0.14
-    update-browserslist-db: ^1.0.13
-  bin:
-    browserslist: cli.js
-  checksum: 436f49e796782ca751ebab7edc010cfc9c29f68536f387666cd70ea22f7105563f04dd62c6ff89cb24cc3254d17cba385f979eeeb3484d43e012412ff7e75def
-  languageName: node
-  linkType: hard
-
 "browserslist@npm:^4.21.9":
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   resolution: "browserslist@npm:4.21.9"
@@ -18348,6 +18334,20 @@ __metadata:
   languageName: node
   linkType: hard
 
+"browserslist@npm:^4.22.3, browserslist@npm:^4.23.0":
+  version: 4.23.0
+  resolution: "browserslist@npm:4.23.0"
+  dependencies:
+    caniuse-lite: ^1.0.30001587
+    electron-to-chromium: ^1.4.668
+    node-releases: ^2.0.14
+    update-browserslist-db: ^1.0.13
+  bin:
+    browserslist: cli.js
+  checksum: 436f49e796782ca751ebab7edc010cfc9c29f68536f387666cd70ea22f7105563f04dd62c6ff89cb24cc3254d17cba385f979eeeb3484d43e012412ff7e75def
+  languageName: node
+  linkType: hard
+
 "browserslist@npm:^4.24.0, browserslist@npm:^4.24.2":
   version: 4.24.2
   resolution: "browserslist@npm:4.24.2"
@@ -21847,9 +21847,9 @@ __metadata:
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-"elliptic@npm:^6.5.3, elliptic@npm:^6.5.4":
-  version: 6.5.4
-  resolution: "elliptic@npm:6.5.4"
+"elliptic@npm:^6.5.3, elliptic@npm:^6.5.4, elliptic@npm:^6.5.5":
+  version: 6.6.1
+  resolution: "elliptic@npm:6.6.1"
   dependencies:
     bn.js: ^4.11.9
     brorand: ^1.1.0
@@ -21858,22 +21858,7 @@ __metadata:
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     minimalistic-assert: ^1.0.1
     minimalistic-crypto-utils: ^1.0.1
-  checksum: d56d21fd04e97869f7ffcc92e18903b9f67f2d4637a23c860492fbbff5a3155fd9ca0184ce0c865dd6eb2487d234ce9551335c021c376cd2d3b7cb749c7d10f4
-  languageName: node
-  linkType: hard
-
-"elliptic@npm:^6.5.5":
-  version: 6.5.5
-  resolution: "elliptic@npm:6.5.5"
-  dependencies:
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-    brorand: ^1.1.0
-    hash.js: ^1.0.0
-    hmac-drbg: ^1.0.1
-    inherits: ^2.0.4
-    minimalistic-assert: ^1.0.1
-    minimalistic-crypto-utils: ^1.0.1
-  checksum: ec9105e4469eb3b32b0ee2579756c888ddf3f99d259aa0d65fccb906ee877768aaf8880caae73e3e669c9a4adeb3eb1945703aa974ec5000d2d33a239f4567eb
+  checksum: 27b14a52f68bbbc0720da259f712cb73e953f6d2047958cd02fb0d0ade2e83849dc39fb4af630889c67df8817e24237428cf59c4f4c07700f755b401149a7375
   languageName: node
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@@ -21982,13 +21967,13 @@ __metadata:
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-"enhanced-resolve@npm:^5.16.0":
-  version: 5.16.0
-  resolution: "enhanced-resolve@npm:5.16.0"
+"enhanced-resolve@npm:^5.17.1":
+  version: 5.17.1
+  resolution: "enhanced-resolve@npm:5.17.1"
   dependencies:
     graceful-fs: ^4.2.4
     tapable: ^2.2.0
-  checksum: ccfd01850ecf2aa51e8554d539973319ff7d8a539ef1e0ba3460a0ccad6223c4ef6e19165ee64161b459cd8a48df10f52af4434c60023c65fde6afa32d475f7e
+  checksum: 4bc38cf1cea96456f97503db7280394177d1bc46f8f87c267297d04f795ac5efa81e48115a2f5b6273c781027b5b6bfc5f62b54df629e4d25fa7001a86624f59
   languageName: node
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@@ -38470,20 +38455,19 @@ __metadata:
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   linkType: hard
 
-"webpack@npm:^5.91.0":
-  version: 5.91.0
-  resolution: "webpack@npm:5.91.0"
+"webpack@npm:^5.94.0":
+  version: 5.96.1
+  resolution: "webpack@npm:5.96.1"
   dependencies:
-    "@types/eslint-scope": ^3.7.3
-    "@types/estree": ^1.0.5
+    "@types/eslint-scope": ^3.7.7
+    "@types/estree": ^1.0.6
     "@webassemblyjs/ast": ^1.12.1
     "@webassemblyjs/wasm-edit": ^1.12.1
     "@webassemblyjs/wasm-parser": ^1.12.1
-    acorn: ^8.7.1
-    acorn-import-assertions: ^1.9.0
-    browserslist: ^4.21.10
+    acorn: ^8.14.0
+    browserslist: ^4.24.0
     chrome-trace-event: ^1.0.2
-    enhanced-resolve: ^5.16.0
+    enhanced-resolve: ^5.17.1
     es-module-lexer: ^1.2.1
     eslint-scope: 5.1.1
     events: ^3.2.0
@@ -38503,7 +38487,7 @@ __metadata:
       optional: true
   bin:
     webpack: bin/webpack.js
-  checksum: f1073715dbb1ed5c070affef293d800a867708bcbc5aba4d8baee87660e0cf53c55966a6f36fab078d1d6c9567cdcd0a9086bdfb607cab87ea68c6449791b9a3
+  checksum: ec3662f64895fae408440a997f87299e374c9d9f911f77b880bab46402f52221c7836bdf101fc2556338d07fc7cb86da50661f944eb1d1041a8361a5b9247876
   languageName: node
   linkType: hard