diff --git a/packages/keyring-controller/package.json b/packages/keyring-controller/package.json
index 3979b55b962..03265e1d161 100644
--- a/packages/keyring-controller/package.json
+++ b/packages/keyring-controller/package.json
@@ -50,7 +50,7 @@
     "@ethereumjs/util": "^8.1.0",
     "@keystonehq/metamask-airgapped-keyring": "^0.14.1",
     "@metamask/base-controller": "^7.0.2",
-    "@metamask/browser-passworder": "^4.3.0",
+    "@metamask/browser-passworder": "^5.0.1",
     "@metamask/eth-hd-keyring": "^7.0.4",
     "@metamask/eth-sig-util": "^8.0.0",
     "@metamask/eth-simple-keyring": "^6.0.5",
diff --git a/yarn.lock b/yarn.lock
index 0f6a3d6acca..15f44ac7f2a 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -2254,12 +2254,12 @@ __metadata:
   languageName: unknown
   linkType: soft
 
-"@metamask/browser-passworder@npm:^4.3.0":
-  version: 4.3.0
-  resolution: "@metamask/browser-passworder@npm:4.3.0"
+"@metamask/browser-passworder@npm:^5.0.1":
+  version: 5.0.1
+  resolution: "@metamask/browser-passworder@npm:5.0.1"
   dependencies:
-    "@metamask/utils": "npm:^8.2.0"
-  checksum: 10/8ba5c50cd6274b0cc0f90a1ee16b960ee150f14c29083f3515f4abe018a28ead32c21f5f4a62a6e27a946b1228adc2ff1f195e71e38782fa39fa8fff116173e6
+    "@metamask/utils": "npm:^9.0.0"
+  checksum: 10/e7e08b24ea430710a07a2d72bf2fd9e49559a887b3a78f6515ba54acb54aad6c346868f1aa0f3b1264db9ad1ff3afa7fdb2d48a3dc865b3b7e787ced6bcefd22
   languageName: node
   linkType: hard
 
@@ -2984,7 +2984,7 @@ __metadata:
     "@lavamoat/preinstall-always-fail": "npm:^2.1.0"
     "@metamask/auto-changelog": "npm:^3.4.4"
     "@metamask/base-controller": "npm:^7.0.2"
-    "@metamask/browser-passworder": "npm:^4.3.0"
+    "@metamask/browser-passworder": "npm:^5.0.1"
     "@metamask/eth-hd-keyring": "npm:^7.0.4"
     "@metamask/eth-sig-util": "npm:^8.0.0"
     "@metamask/eth-simple-keyring": "npm:^6.0.5"
@@ -3818,7 +3818,7 @@ __metadata:
   languageName: node
   linkType: hard
 
-"@metamask/utils@npm:^8.2.0, @metamask/utils@npm:^8.3.0":
+"@metamask/utils@npm:^8.3.0":
   version: 8.5.0
   resolution: "@metamask/utils@npm:8.5.0"
   dependencies: