diff --git a/package-lock.json b/package-lock.json
index 6ea518d7b41..664e9015e5c 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -7375,13 +7375,13 @@
       }
     },
     "ethereumjs-util": {
-      "version": "7.0.0",
-      "resolved": "https://registry.npmjs.org/ethereumjs-util/-/ethereumjs-util-7.0.0.tgz",
-      "integrity": "sha512-y4FqiypxmUVdmCqNPRdB2rvyP1pr8ZBO+RVlxGLF12OoTXVPvgJ3omT2AoYLGCXjgbYDwskbbbROklerm2FNcA==",
+      "version": "7.0.1",
+      "resolved": "https://registry.npmjs.org/ethereumjs-util/-/ethereumjs-util-7.0.1.tgz",
+      "integrity": "sha512-qp5ZwQEUC+ZV9ESeQT3gBHivGjygYVrNc2xR170HabUFQiOSb9t+Kby0FinOAPq+/pxKkiib8HfoIAy+BEi91Q==",
       "dev": true,
       "requires": {
         "@types/bn.js": "^4.11.3",
-        "bn.js": "^5.1.1",
+        "bn.js": "^4.11.8",
         "create-hash": "^1.1.2",
         "ethjs-util": "0.1.6",
         "keccak": "^3.0.0",
@@ -7389,12 +7389,6 @@
         "secp256k1": "^4.0.1"
       },
       "dependencies": {
-        "bn.js": {
-          "version": "5.1.1",
-          "resolved": "https://registry.npmjs.org/bn.js/-/bn.js-5.1.1.tgz",
-          "integrity": "sha512-IUTD/REb78Z2eodka1QZyyEk66pciRcP6Sroka0aI3tG/iwIdYLrBD62RsubR7vqdt3WyX8p4jxeatzmRSphtA==",
-          "dev": true
-        },
         "elliptic": {
           "version": "6.5.2",
           "resolved": "https://registry.npmjs.org/elliptic/-/elliptic-6.5.2.tgz",
@@ -7408,14 +7402,6 @@
             "inherits": "^2.0.1",
             "minimalistic-assert": "^1.0.0",
             "minimalistic-crypto-utils": "^1.0.0"
-          },
-          "dependencies": {
-            "bn.js": {
-              "version": "4.11.8",
-              "resolved": "https://registry.npmjs.org/bn.js/-/bn.js-4.11.8.tgz",
-              "integrity": "sha512-ItfYfPLkWHUjckQCk8xC+LwxgK8NYcXywGigJgSwOP8Y2iyWT4f2vsZnoOXTTbo+o5yXmIUJ4gn5538SO5S3gA==",
-              "dev": true
-            }
           }
         },
         "keccak": {
@@ -7435,14 +7421,6 @@
           "dev": true,
           "requires": {
             "bn.js": "^4.11.1"
-          },
-          "dependencies": {
-            "bn.js": {
-              "version": "4.11.8",
-              "resolved": "https://registry.npmjs.org/bn.js/-/bn.js-4.11.8.tgz",
-              "integrity": "sha512-ItfYfPLkWHUjckQCk8xC+LwxgK8NYcXywGigJgSwOP8Y2iyWT4f2vsZnoOXTTbo+o5yXmIUJ4gn5538SO5S3gA==",
-              "dev": true
-            }
           }
         },
         "secp256k1": {
diff --git a/package.json b/package.json
index eb88b7888b5..91fce4f0a75 100644
--- a/package.json
+++ b/package.json
@@ -59,7 +59,7 @@
     "eslint-plugin-node": "^10.0.0",
     "eslint-plugin-promise": "^4.2.1",
     "eslint-plugin-standard": "^4.0.1",
-    "ethereumjs-util": "^7.0.0",
+    "ethereumjs-util": "^7.0.1",
     "ganache-core-coverage": "https://github.com/OpenZeppelin/ganache-core-coverage/releases/download/2.5.3-coverage/ganache-core-coverage-2.5.3.tgz",
     "lodash.startcase": "^4.4.0",
     "lodash.zip": "^4.2.0",