diff --git a/package-lock.json b/package-lock.json
index 8a53cac1..64c2a6ff 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -21,7 +21,7 @@
         "@edx/browserslist-config": "^1.1.1",
         "@edx/frontend-build": "12.9.4",
         "@edx/frontend-platform": "4.6.1",
-        "@edx/paragon": "20.45.5",
+        "@edx/paragon": "20.46.2",
         "@edx/reactifex": "2.2.0",
         "@wojtekmaj/enzyme-adapter-react-17": "0.8.0",
         "enzyme": "3.11.0",
@@ -2326,9 +2326,9 @@
       }
     },
     "node_modules/@edx/paragon": {
-      "version": "20.45.5",
-      "resolved": "https://registry.npmjs.org/@edx/paragon/-/paragon-20.45.5.tgz",
-      "integrity": "sha512-7GsGPKyxtjFo3Xnj+uQ4vx/Khz7S6srHe8MqcsYCMx2mJ8fulPN2JFm84m+0o1CSwHaL469wBPONI4KCa+vfrA==",
+      "version": "20.46.2",
+      "resolved": "https://registry.npmjs.org/@edx/paragon/-/paragon-20.46.2.tgz",
+      "integrity": "sha512-px+KS/BV1CbiMKgfVgUofyjJi4CHUCUOLRukJbT66VPPqWP4Xon5Rns6uohoratPXMg2kNN46v2L8wIwqKQ4Lw==",
       "dev": true,
       "dependencies": {
         "@fortawesome/fontawesome-svg-core": "^6.1.1",
diff --git a/package.json b/package.json
index 8ede9107..45876bbd 100644
--- a/package.json
+++ b/package.json
@@ -37,7 +37,7 @@
     "@edx/browserslist-config": "^1.1.1",
     "@edx/frontend-build": "12.9.4",
     "@edx/frontend-platform": "4.6.1",
-    "@edx/paragon": "20.45.5",
+    "@edx/paragon": "20.46.2",
     "@edx/reactifex": "2.2.0",
     "@wojtekmaj/enzyme-adapter-react-17": "0.8.0",
     "enzyme": "3.11.0",