diff --git a/dev-requirements.txt b/dev-requirements.txt
index 1c987c54eec..00c4d5b39f9 100644
--- a/dev-requirements.txt
+++ b/dev-requirements.txt
@@ -414,7 +414,7 @@ rpds-py==0.10.3
     # via
     #   jsonschema
     #   referencing
-s3transfer==0.6.2
+s3transfer==0.7.0
     # via boto3
 sentry-sdk==1.31.0
     # via education-backend (pyproject.toml)
diff --git a/requirements.txt b/requirements.txt
index 9b6cf8c5bc1..408daa9c24f 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -198,7 +198,7 @@ rpds-py==0.10.3
     # via
     #   jsonschema
     #   referencing
-s3transfer==0.6.2
+s3transfer==0.7.0
     # via boto3
 sentry-sdk==1.31.0
     # via education-backend (pyproject.toml)