diff --git a/Cargo.lock b/Cargo.lock
index 1b478fcc18a78..1e64b40ed1c2e 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -2768,9 +2768,9 @@ checksum = "62aca2aba2d62b4a7f5b33f3712cb1b0692779a56fb510499d5c0aa594daeaf3"
 
 [[package]]
 name = "handlebars"
-version = "4.1.6"
+version = "4.2.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "167fa173496c9eadd8749cca6f8339ac88e248f3ad2442791d0b743318a94fc0"
+checksum = "99d6a30320f094710245150395bc763ad23128d6a1ebbad7594dc4164b62c56b"
 dependencies = [
  "log 0.4.14",
  "pest",
diff --git a/utils/frame/benchmarking-cli/Cargo.toml b/utils/frame/benchmarking-cli/Cargo.toml
index b28fe195a2f31..541357d5fecac 100644
--- a/utils/frame/benchmarking-cli/Cargo.toml
+++ b/utils/frame/benchmarking-cli/Cargo.toml
@@ -39,7 +39,7 @@ clap = { version = "3.1.6", features = ["derive"] }
 chrono = "0.4"
 serde = "1.0.136"
 serde_json = "1.0.79"
-handlebars = "4.1.6"
+handlebars = "4.2.2"
 Inflector = "0.11.4"
 linked-hash-map = "0.5.4"
 log = "0.4.8"