diff --git a/alpaca/statistically-significant/requirements.txt b/alpaca/statistically-significant/requirements.txt
index 3e962bc3..4c8a080e 100644
--- a/alpaca/statistically-significant/requirements.txt
+++ b/alpaca/statistically-significant/requirements.txt
@@ -15,7 +15,7 @@ multidict==4.7.6
 numpy==1.19.1
 pandas==1.1.1
 patsy==0.5.1
-Pillow==8.3.2
+Pillow==9.3.0
 pyparsing==2.4.7
 python-dateutil==2.8.1
 pytz==2020.1