diff --git a/packages/grafana-toolkit/package.json b/packages/grafana-toolkit/package.json
index 0d731b00bd6..51fb854b9e5 100644
--- a/packages/grafana-toolkit/package.json
+++ b/packages/grafana-toolkit/package.json
@@ -54,7 +54,7 @@
     "babel-jest": "26.6.3",
     "babel-loader": "8.2.2",
     "babel-plugin-angularjs-annotate": "0.10.0",
-    "chalk": "^2.4.2",
+    "chalk": "^4.0.0",
     "command-exists": "^1.2.8",
     "commander": "^8.0.0",
     "concurrently": "6.3.0",
diff --git a/yarn.lock b/yarn.lock
index 4f1be16a697..ec721b368d8 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -2615,7 +2615,7 @@ __metadata:
     babel-jest: 26.6.3
     babel-loader: 8.2.2
     babel-plugin-angularjs-annotate: 0.10.0
-    chalk: ^2.4.2
+    chalk: ^4.0.0
     command-exists: ^1.2.8
     commander: ^8.0.0
     concurrently: 6.3.0