diff --git a/package-lock.json b/package-lock.json
index ae0725214c49..526b0c65603b 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -16,7 +16,7 @@
         "@fullcalendar/react": "^5.11.2",
         "@layer5/meshery-design-embed": "^0.2.0",
         "@layer5/sistent": "^0.14.60",
-        "@loadable/component": "^5.15.3",
+        "@loadable/component": "^5.16.4",
         "@mdx-js/mdx": "^1.6.22",
         "@mdx-js/react": "^1.6.22",
         "@mui/material": "^5.15.11",
@@ -3745,11 +3745,11 @@
       }
     },
     "node_modules/@loadable/component": {
-      "version": "5.15.3",
-      "resolved": "https://registry.npmjs.org/@loadable/component/-/component-5.15.3.tgz",
-      "integrity": "sha512-VOgYgCABn6+/7aGIpg7m0Ruj34tGetaJzt4bQ345FwEovDQZ+dua+NWLmuJKv8rWZyxOUSfoJkmGnzyDXH2BAQ==",
+      "version": "5.16.4",
+      "resolved": "https://registry.npmjs.org/@loadable/component/-/component-5.16.4.tgz",
+      "integrity": "sha512-fJWxx9b5WHX90QKmizo9B+es2so8DnBthI1mbflwCoOyvzEwxiZ/SVDCTtXEnHG72/kGBdzr297SSIekYtzSOQ==",
       "dependencies": {
-        "@babel/runtime": "^7.7.7",
+        "@babel/runtime": "^7.12.18",
         "hoist-non-react-statics": "^3.3.1",
         "react-is": "^16.12.0"
       },
diff --git a/package.json b/package.json
index 975f1fff39d1..08a25ac3d67d 100644
--- a/package.json
+++ b/package.json
@@ -33,7 +33,7 @@
     "@fullcalendar/react": "^5.11.2",
     "@layer5/meshery-design-embed": "^0.2.0",
     "@layer5/sistent": "^0.14.60",
-    "@loadable/component": "^5.15.3",
+    "@loadable/component": "^5.16.4",
     "@mdx-js/mdx": "^1.6.22",
     "@mdx-js/react": "^1.6.22",
     "@mui/material": "^5.15.11",