diff --git a/packages/react-component-library/package.json b/packages/react-component-library/package.json
index 31544436c1..98ab4d87ef 100644
--- a/packages/react-component-library/package.json
+++ b/packages/react-component-library/package.json
@@ -162,7 +162,7 @@
     "react-merge-refs": "^1.1.0",
     "react-popper": "^2.2.5",
     "react-select": "^4.1.0",
-    "react-string-replace": "^0.4.4",
+    "react-string-replace": "^1.0.0",
     "react-toast-notifications": "^2.4.0",
     "react-transition-group": "^4.4.1",
     "styled-normalize": "^8.0.7",
diff --git a/yarn.lock b/yarn.lock
index 4f472160dc..b7cfdb7bce 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -15307,12 +15307,10 @@ react-sizeme@^3.0.1:
     shallowequal "^1.1.0"
     throttle-debounce "^3.0.1"
 
-react-string-replace@^0.4.4:
-  version "0.4.4"
-  resolved "https://registry.yarnpkg.com/react-string-replace/-/react-string-replace-0.4.4.tgz#24006fbe0db573d5be583133df38b1a735cb4225"
-  integrity sha512-FAMkhxmDpCsGTwTZg7p/2v+/GTmxAp73so3fbSvlAcBBX36ujiGRNEaM/1u+jiYQrArhns+7eE92g2pi5E5FUA==
-  dependencies:
-    lodash "^4.17.4"
+react-string-replace@^1.0.0:
+  version "1.0.0"
+  resolved "https://registry.yarnpkg.com/react-string-replace/-/react-string-replace-1.0.0.tgz#a003f94792147509107af9d376436460234911b1"
+  integrity sha512-+iLsyE4AeSmnfctgswXOf1PmKRgns6wJ4LVb+8ADMU6mDK3jvBE11QzfMQf7CYtPUUiBCDjZ9ZppzXOIYrzCRg==
 
 "react-test-renderer@^16.8.0 || ^17.0.0":
   version "17.0.2"