diff --git a/ghost/versions/2.31.1/package.json b/ghost/versions/2.31.1/package.json
index 26e8900d..22a85bc5 100644
--- a/ghost/versions/2.31.1/package.json
+++ b/ghost/versions/2.31.1/package.json
@@ -91,7 +91,7 @@
     "knex": "0.19.4",
     "knex-migrator": "3.3.3",
     "lodash": "4.17.15",
-    "markdown-it": "9.1.0",
+    "markdown-it": "12.3.2",
     "markdown-it-footnote": "3.0.2",
     "markdown-it-lazy-headers": "0.1.3",
     "markdown-it-mark": "2.0.0",
diff --git a/ghost/versions/2.31.1/yarn.lock b/ghost/versions/2.31.1/yarn.lock
index 0cae65a4..b674c18e 100644
--- a/ghost/versions/2.31.1/yarn.lock
+++ b/ghost/versions/2.31.1/yarn.lock
@@ -556,6 +556,11 @@ argparse@^1.0.7:
   dependencies:
     sprintf-js "~1.0.2"
 
+argparse@^2.0.1:
+  version "2.0.1"
+  resolved "https://registry.yarnpkg.com/argparse/-/argparse-2.0.1.tgz#246f50f3ca78a3240f6c997e8a9bd1eac49e4b38"
+  integrity sha512-8+9WqebbFzpX9OR+Wa6O29asIogeRMzcGtAINdpMHHyAg10f05aSFVBbcEqGf/PXw1EjAZ+q2/bEBg3DvurK3Q==
+
 arr-diff@^4.0.0:
   version "4.0.0"
   resolved "https://registry.yarnpkg.com/arr-diff/-/arr-diff-4.0.0.tgz#d6461074febfec71e7e15235761a329a5dc7c520"
@@ -2198,7 +2203,12 @@ entities@^1.1.1, entities@~1.1.1:
   resolved "https://registry.yarnpkg.com/entities/-/entities-1.1.2.tgz#bdfa735299664dfafd34529ed4f8522a275fea56"
   integrity sha512-f2LZMYl1Fzu7YSBKg+RoROelpOaNrcGmE9AZubeDfrCEia483oW4MI4VyFd5VNHIgQ/7qm1I0wUHK1eJnn2y2w==
 
-entities@^2.0.0, entities@~2.0.0:
+entities@^2.0.0, entities@~2.1.0:
+  version "2.1.0"
+  resolved "https://registry.yarnpkg.com/entities/-/entities-2.1.0.tgz#992d3129cf7df6870b96c57858c249a120f8b8b5"
+  integrity sha512-hCx1oky9PFrJ611mf0ifBLBRW8lUUVRlFolb5gWRfIELabBlbp9xZvrqZLZAs+NxFnbfQoeGd8wDkygjg7U85w==
+
+entities@~2.0.0:
   version "2.0.0"
   resolved "https://registry.yarnpkg.com/entities/-/entities-2.0.0.tgz#68d6084cab1b079767540d80e56a39b423e4abf4"
   integrity sha512-D9f7V0JSRwIxlRI2mjMqufDrRDnx8p+eEOz7aUM9SuvF8gsBzra0/6tbjl1m8eQHrZlYj6PxqE00hZ1SAIKPLw==
@@ -4675,10 +4685,10 @@ liftoff@~2.5.0:
     rechoir "^0.6.2"
     resolve "^1.1.7"
 
-linkify-it@^2.0.0:
-  version "2.2.0"
-  resolved "https://registry.yarnpkg.com/linkify-it/-/linkify-it-2.2.0.tgz#e3b54697e78bf915c70a38acd78fd09e0058b1cf"
-  integrity sha512-GnAl/knGn+i1U/wjBz3akz2stz+HrHLsxMwHQGofCDfPvlf+gDKN58UtfmUquTY4/MXeE2x7k19KQmeoZi94Iw==
+linkify-it@^3.0.1:
+  version "3.0.3"
+  resolved "https://registry.yarnpkg.com/linkify-it/-/linkify-it-3.0.3.tgz#a98baf44ce45a550efb4d49c769d07524cc2fa2e"
+  integrity sha512-ynTsyrFSdE5oZ/O9GEf00kPngmOfVwazR5GKDq6EYfhlpFug3J2zybX56a2PRRpc9P+FuSoGNAwjlbDs9jJBPQ==
   dependencies:
     uc.micro "^1.0.1"
 
@@ -5004,14 +5014,14 @@ markdown-it-mark@2.0.0:
   resolved "https://registry.yarnpkg.com/markdown-it-mark/-/markdown-it-mark-2.0.0.tgz#46a1aa947105aed8188978e0a016179e404f42c7"
   integrity sha1-RqGqlHEFrtgYiXjgoBYXnkBPQsc=
 
-markdown-it@9.1.0:
-  version "9.1.0"
-  resolved "https://registry.yarnpkg.com/markdown-it/-/markdown-it-9.1.0.tgz#df9601c168568704d554b1fff9af0c5b561168d9"
-  integrity sha512-xHKG4C8iPriyfu/jc2hsCC045fKrMQ0VexX2F1FGYiRxDxqMB2aAhF8WauJ3fltn2kb90moGBkiiEdooGIg55w==
+markdown-it@12.3.2:
+  version "12.3.2"
+  resolved "https://registry.yarnpkg.com/markdown-it/-/markdown-it-12.3.2.tgz#bf92ac92283fe983fe4de8ff8abfb5ad72cd0c90"
+  integrity sha512-TchMembfxfNVpHkbtriWltGWc+m3xszaRD0CZup7GFFhzIgQqxIfn3eGj1yZpfuflzPvfkt611B2Q/Bsk1YnGg==
   dependencies:
-    argparse "^1.0.7"
-    entities "~1.1.1"
-    linkify-it "^2.0.0"
+    argparse "^2.0.1"
+    entities "~2.1.0"
+    linkify-it "^3.0.1"
     mdurl "^1.0.1"
     uc.micro "^1.0.5"