diff --git a/changelog.d/12865.misc b/changelog.d/12865.misc
new file mode 100644
index 0000000000..d982ca7622
--- /dev/null
+++ b/changelog.d/12865.misc
@@ -0,0 +1 @@
+Update `pyjwt` dependency to [2.4.0](https://github.com/jpadilla/pyjwt/releases/tag/2.4.0).
diff --git a/poetry.lock b/poetry.lock
index 49a912a589..f64d70941e 100644
--- a/poetry.lock
+++ b/poetry.lock
@@ -813,7 +813,7 @@ python-versions = ">=3.5"
 
 [[package]]
 name = "pyjwt"
-version = "2.3.0"
+version = "2.4.0"
 description = "JSON Web Token implementation in Python"
 category = "main"
 optional = false
@@ -2264,8 +2264,8 @@ pygments = [
     {file = "Pygments-2.11.2.tar.gz", hash = "sha256:4e426f72023d88d03b2fa258de560726ce890ff3b630f88c21cbb8b2503b8c6a"},
 ]
 pyjwt = [
-    {file = "PyJWT-2.3.0-py3-none-any.whl", hash = "sha256:e0c4bb8d9f0af0c7f5b1ec4c5036309617d03d56932877f2f7a0beeb5318322f"},
-    {file = "PyJWT-2.3.0.tar.gz", hash = "sha256:b888b4d56f06f6dcd777210c334e69c737be74755d3e5e9ee3fe67dc18a0ee41"},
+    {file = "PyJWT-2.4.0-py3-none-any.whl", hash = "sha256:72d1d253f32dbd4f5c88eaf1fdc62f3a19f676ccbadb9dbc5d07e951b2b26daf"},
+    {file = "PyJWT-2.4.0.tar.gz", hash = "sha256:d42908208c699b3b973cbeb01a969ba6a96c821eefb1c5bfe4c390c01d67abba"},
 ]
 pymacaroons = [
     {file = "pymacaroons-0.13.0-py2.py3-none-any.whl", hash = "sha256:3e14dff6a262fdbf1a15e769ce635a8aea72e6f8f91e408f9a97166c53b91907"},