diff --git a/package.json b/package.json
index 0634f87bdb2..fd2a37deb34 100644
--- a/package.json
+++ b/package.json
@@ -64,7 +64,7 @@
     "test-staged"
   ],
   "dependencies": {
-    "@hello-pangea/dnd": "^16.2.0",
+    "@hello-pangea/dnd": "^16.3.0",
     "@types/lodash": "^4.14.194",
     "@types/numeral": "^2.0.2",
     "@types/react-input-autosize": "^2.2.1",
diff --git a/upcoming_changelogs/7125.md b/upcoming_changelogs/7125.md
new file mode 100644
index 00000000000..f0fa5437e22
--- /dev/null
+++ b/upcoming_changelogs/7125.md
@@ -0,0 +1,3 @@
+**Dependency updates**
+
+- Updated `@hello-pangea/dnd` to v16.3.0
diff --git a/yarn.lock b/yarn.lock
index 24942d4dae5..97721144227 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -1825,7 +1825,7 @@
   dependencies:
     regenerator-runtime "^0.13.11"
 
-"@babel/runtime@^7.12.1", "@babel/runtime@^7.19.4":
+"@babel/runtime@^7.12.1":
   version "7.22.6"
   resolved "https://registry.yarnpkg.com/@babel/runtime/-/runtime-7.22.6.tgz#57d64b9ae3cff1d67eb067ae117dac087f5bd438"
   integrity sha512-wDb5pWm4WDdF6LFUde3Jl8WzPA+3ZbxYqkC6xAXuD3irdEHN1k0NfTRrJD8ZD378SJ61miMLCqIOXYhd8x+AJQ==
@@ -1846,6 +1846,13 @@
   dependencies:
     regenerator-runtime "^0.13.11"
 
+"@babel/runtime@^7.22.5":
+  version "7.22.11"
+  resolved "https://registry.yarnpkg.com/@babel/runtime/-/runtime-7.22.11.tgz#7a9ba3bbe406ad6f9e8dd4da2ece453eb23a77a4"
+  integrity sha512-ee7jVNlWN09+KftVOu9n7S8gQzD/Z6hN/I8VBRXW4P1+Xe7kJGXMwu8vds4aGIMHZnNbdpSWCfZZtinytpcAvA==
+  dependencies:
+    regenerator-runtime "^0.14.0"
+
 "@babel/template@^7.12.13", "@babel/template@^7.18.10", "@babel/template@^7.20.7", "@babel/template@^7.4.0":
   version "7.20.7"
   resolved "https://registry.yarnpkg.com/@babel/template/-/template-7.20.7.tgz#a15090c2839a83b02aa996c0b4994005841fd5a8"
@@ -2492,17 +2499,17 @@
   dependencies:
     "@hapi/hoek" "^9.0.0"
 
-"@hello-pangea/dnd@^16.2.0":
-  version "16.2.0"
-  resolved "https://registry.yarnpkg.com/@hello-pangea/dnd/-/dnd-16.2.0.tgz#58cbadeb56f8c7a381da696bb7aa3bfbb87876ec"
-  integrity sha512-inACvMcvvLr34CG0P6+G/3bprVKhwswxjcsFUSJ+fpOGjhvDj9caiA9X3clby0lgJ6/ILIJjyedHZYECB7GAgA==
+"@hello-pangea/dnd@^16.3.0":
+  version "16.3.0"
+  resolved "https://registry.yarnpkg.com/@hello-pangea/dnd/-/dnd-16.3.0.tgz#3776212f812df4e8e69c42831ec8ab7ff3a087d6"
+  integrity sha512-RYQ/K8shtJoyNPvFWz0gfXIK7HF3P3mL9UZFGMuHB0ljRSXVgMjVFI/FxcZmakMzw6tO7NflWLriwTNBow/4vw==
   dependencies:
-    "@babel/runtime" "^7.19.4"
+    "@babel/runtime" "^7.22.5"
     css-box-model "^1.2.1"
     memoize-one "^6.0.0"
     raf-schd "^4.0.3"
-    react-redux "^8.0.4"
-    redux "^4.2.0"
+    react-redux "^8.1.1"
+    redux "^4.2.1"
     use-memo-one "^1.1.3"
 
 "@humanwhocodes/config-array@^0.11.10":
@@ -18196,10 +18203,10 @@ react-redux@^7.2.1:
     prop-types "^15.7.2"
     react-is "^17.0.2"
 
-react-redux@^8.0.4:
-  version "8.0.5"
-  resolved "https://registry.yarnpkg.com/react-redux/-/react-redux-8.0.5.tgz#e5fb8331993a019b8aaf2e167a93d10af469c7bd"
-  integrity sha512-Q2f6fCKxPFpkXt1qNRZdEDLlScsDWyrgSj0mliK59qU6W5gvBiKkdMEG2lJzhd1rCctf0hb6EtePPLZ2e0m1uw==
+react-redux@^8.1.1:
+  version "8.1.2"
+  resolved "https://registry.yarnpkg.com/react-redux/-/react-redux-8.1.2.tgz#9076bbc6b60f746659ad6d51cb05de9c5e1e9188"
+  integrity sha512-xJKYI189VwfsFc4CJvHqHlDrzyFTY/3vZACbE+rr/zQ34Xx1wQfB4OTOSeOSNrF6BDVe8OOdxIrAnMGXA3ggfw==
   dependencies:
     "@babel/runtime" "^7.12.1"
     "@types/hoist-non-react-statics" "^3.3.1"
@@ -18558,7 +18565,7 @@ redux@^4.0.0, redux@^4.0.4:
   dependencies:
     "@babel/runtime" "^7.9.2"
 
-redux@^4.0.5, redux@^4.2.0:
+redux@^4.0.5, redux@^4.2.1:
   version "4.2.1"
   resolved "https://registry.yarnpkg.com/redux/-/redux-4.2.1.tgz#c08f4306826c49b5e9dc901dee0452ea8fce6197"
   integrity sha512-LAUYz4lc+Do8/g7aeRa8JkyDErK6ekstQaqWQrNRW//MY1TvCEpMtpTWvlQ+FPbWCx+Xixu/6SHt5N0HR+SB4w==