diff --git a/extensions/sequelize/package.json b/extensions/sequelize/package.json
index 51e46983e5f9..7d0cef03c89a 100644
--- a/extensions/sequelize/package.json
+++ b/extensions/sequelize/package.json
@@ -57,7 +57,7 @@
     "@loopback/testlab": "^8.0.12",
     "@types/node": "^20.19.41",
     "oracledb": "^6.10.0",
-    "pg": "^8.20.0",
+    "pg": "^8.21.0",
     "pg-hstore": "^2.3.4",
     "sqlite3": "5.1.7",
     "typescript": "~5.2.2"
diff --git a/package-lock.json b/package-lock.json
index 2bc1a13439c5..f5660e575611 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1925,7 +1925,7 @@
         "@loopback/testlab": "^8.0.12",
         "@types/node": "^20.19.41",
         "oracledb": "^6.10.0",
-        "pg": "^8.20.0",
+        "pg": "^8.21.0",
         "pg-hstore": "^2.3.4",
         "sqlite3": "5.1.7",
         "typescript": "~5.2.2"
@@ -29395,15 +29395,15 @@
       "integrity": "sha512-7EAHlyLHI56VEIdK57uwHdHKIaAGbnXPiw0yWbarQZOKaKpvUIgW0jWRVLiatnM+XXlSwsanIBH/hzGMJulMow=="
     },
     "node_modules/pg": {
-      "version": "8.20.0",
-      "resolved": "https://registry.npmjs.org/pg/-/pg-8.20.0.tgz",
-      "integrity": "sha512-ldhMxz2r8fl/6QkXnBD3CR9/xg694oT6DZQ2s6c/RI28OjtSOpxnPrUCGOBJ46RCUxcWdx3p6kw/xnDHjKvaRA==",
+      "version": "8.21.0",
+      "resolved": "https://registry.npmjs.org/pg/-/pg-8.21.0.tgz",
+      "integrity": "sha512-AUP1EYJuHraQGsVoCQVIcM7TEJVGtDzxWtGFZd8rds9d+CCXlU5Js1rYgfLNvxy9iJrpHjGrRjoi/3BT9fRyiA==",
       "devOptional": true,
       "license": "MIT",
       "dependencies": {
-        "pg-connection-string": "^2.12.0",
-        "pg-pool": "^3.13.0",
-        "pg-protocol": "^1.13.0",
+        "pg-connection-string": "^2.13.0",
+        "pg-pool": "^3.14.0",
+        "pg-protocol": "^1.14.0",
         "pg-types": "2.2.0",
         "pgpass": "1.0.5"
       },
@@ -29411,7 +29411,7 @@
         "node": ">= 16.0.0"
       },
       "optionalDependencies": {
-        "pg-cloudflare": "^1.3.0"
+        "pg-cloudflare": "^1.4.0"
       },
       "peerDependencies": {
         "pg-native": ">=3.0.1"
@@ -29423,16 +29423,16 @@
       }
     },
     "node_modules/pg-cloudflare": {
-      "version": "1.3.0",
-      "resolved": "https://registry.npmjs.org/pg-cloudflare/-/pg-cloudflare-1.3.0.tgz",
-      "integrity": "sha512-6lswVVSztmHiRtD6I8hw4qP/nDm1EJbKMRhf3HCYaqud7frGysPv7FYJ5noZQdhQtN2xJnimfMtvQq21pdbzyQ==",
+      "version": "1.4.0",
+      "resolved": "https://registry.npmjs.org/pg-cloudflare/-/pg-cloudflare-1.4.0.tgz",
+      "integrity": "sha512-Vo7z/6rrQYxpNRylp4Tlob2elzbh+N/MOQbxFVWCxS7oEx6jF53GTJFxK2WWpKuBRkmiin4Mt+xofFDjx09R0A==",
       "license": "MIT",
       "optional": true
     },
     "node_modules/pg-connection-string": {
-      "version": "2.12.0",
-      "resolved": "https://registry.npmjs.org/pg-connection-string/-/pg-connection-string-2.12.0.tgz",
-      "integrity": "sha512-U7qg+bpswf3Cs5xLzRqbXbQl85ng0mfSV/J0nnA31MCLgvEaAo7CIhmeyrmJpOr7o+zm0rXK+hNnT5l9RHkCkQ==",
+      "version": "2.13.0",
+      "resolved": "https://registry.npmjs.org/pg-connection-string/-/pg-connection-string-2.13.0.tgz",
+      "integrity": "sha512-EMnU9E2fSULdsbErBbMaXJvFeD9B4+nPcM3f+4lsiCR0BHLPrLVjv3DbyM2hgQQviKJaTWIRRTjKjWlHg3p2ig==",
       "license": "MIT"
     },
     "node_modules/pg-hstore": {
@@ -29457,9 +29457,9 @@
       }
     },
     "node_modules/pg-pool": {
-      "version": "3.13.0",
-      "resolved": "https://registry.npmjs.org/pg-pool/-/pg-pool-3.13.0.tgz",
-      "integrity": "sha512-gB+R+Xud1gLFuRD/QgOIgGOBE2KCQPaPwkzBBGC9oG69pHTkhQeIuejVIk3/cnDyX39av2AxomQiyPT13WKHQA==",
+      "version": "3.14.0",
+      "resolved": "https://registry.npmjs.org/pg-pool/-/pg-pool-3.14.0.tgz",
+      "integrity": "sha512-gKtPkFdQPU3DksooVLi9LsjZxrsBUZIpa+7aVx+LV5pNh0KzP4Zleud2po+ConrxbuXGBJ6Hfer6hdgpIBpBaw==",
       "devOptional": true,
       "license": "MIT",
       "peerDependencies": {
@@ -29467,9 +29467,9 @@
       }
     },
     "node_modules/pg-protocol": {
-      "version": "1.13.0",
-      "resolved": "https://registry.npmjs.org/pg-protocol/-/pg-protocol-1.13.0.tgz",
-      "integrity": "sha512-zzdvXfS6v89r6v7OcFCHfHlyG/wvry1ALxZo4LqgUoy7W9xhBDMaqOuMiF3qEV45VqsN6rdlcehHrfDtlCPc8w==",
+      "version": "1.14.0",
+      "resolved": "https://registry.npmjs.org/pg-protocol/-/pg-protocol-1.14.0.tgz",
+      "integrity": "sha512-n5taZ1kO3s9ngDTVxsEznOqCyToTgz0FLuPq0B33COy5pPpuWJpY3/2oRBVETuOgzdqRXfWpM9HIhp2LBBT1BA==",
       "devOptional": true,
       "license": "MIT"
     },