diff --git a/{{cookiecutter.project_slug}}/requirements/local.txt b/{{cookiecutter.project_slug}}/requirements/local.txt
index b935093d7..f0a2bfc86 100644
--- a/{{cookiecutter.project_slug}}/requirements/local.txt
+++ b/{{cookiecutter.project_slug}}/requirements/local.txt
@@ -3,9 +3,9 @@
 Werkzeug[watchdog]==2.2.2 # https://github.com/pallets/werkzeug
 ipdb==0.13.9  # https://github.com/gotcha/ipdb
 {%- if cookiecutter.use_docker == 'y' %}
-psycopg2==2.9.4  # https://github.com/psycopg/psycopg2
+psycopg2==2.9.5  # https://github.com/psycopg/psycopg2
 {%- else %}
-psycopg2-binary==2.9.4  # https://github.com/psycopg/psycopg2
+psycopg2-binary==2.9.5  # https://github.com/psycopg/psycopg2
 {%- endif %}
 {%- if cookiecutter.use_async == 'y' or cookiecutter.use_celery == 'y' %}
 watchfiles==0.18.0  # https://github.com/samuelcolvin/watchfiles
diff --git a/{{cookiecutter.project_slug}}/requirements/production.txt b/{{cookiecutter.project_slug}}/requirements/production.txt
index 88f6a706a..e2c2046d2 100644
--- a/{{cookiecutter.project_slug}}/requirements/production.txt
+++ b/{{cookiecutter.project_slug}}/requirements/production.txt
@@ -3,7 +3,7 @@
 -r base.txt
 
 gunicorn==20.1.0  # https://github.com/benoitc/gunicorn
-psycopg2==2.9.4  # https://github.com/psycopg/psycopg2
+psycopg2==2.9.5  # https://github.com/psycopg/psycopg2
 {%- if cookiecutter.use_whitenoise == 'n' %}
 Collectfast==2.2.0  # https://github.com/antonagestam/collectfast
 {%- endif %}