diff --git a/ghost/minifier/package.json b/ghost/minifier/package.json
index b7330e557e..8d338ba4ba 100644
--- a/ghost/minifier/package.json
+++ b/ghost/minifier/package.json
@@ -26,7 +26,7 @@
     "@tryghost/errors": "1.2.20",
     "@tryghost/tpl": "0.1.21",
     "csso": "5.0.5",
-    "terser": "5.16.2",
+    "terser": "5.16.3",
     "tiny-glob": "0.2.9"
   }
 }
diff --git a/yarn.lock b/yarn.lock
index 1044e5443c..f022cd54b4 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -25379,10 +25379,10 @@ terser-webpack-plugin@^5.1.3, terser-webpack-plugin@^5.2.5:
     serialize-javascript "^6.0.0"
     terser "^5.14.1"
 
-terser@5.16.2, terser@^5.0.0, terser@^5.10.0, terser@^5.14.1, terser@^5.3.0:
-  version "5.16.2"
-  resolved "https://registry.yarnpkg.com/terser/-/terser-5.16.2.tgz#8f495819439e8b5c150e7530fc434a6e70ea18b2"
-  integrity sha512-JKuM+KvvWVqT7muHVyrwv7FVRPnmHDwF6XwoIxdbF5Witi0vu99RYpxDexpJndXt3jbZZmmWr2/mQa6HvSNdSg==
+terser@5.16.3, terser@^5.0.0, terser@^5.10.0, terser@^5.14.1, terser@^5.3.0:
+  version "5.16.3"
+  resolved "https://registry.yarnpkg.com/terser/-/terser-5.16.3.tgz#3266017a9b682edfe019b8ecddd2abaae7b39c6b"
+  integrity sha512-v8wWLaS/xt3nE9dgKEWhNUFP6q4kngO5B8eYFUuebsu7Dw/UNAnpUod6UHo04jSSkv8TzKHjZDSd7EXdDQAl8Q==
   dependencies:
     "@jridgewell/source-map" "^0.3.2"
     acorn "^8.5.0"