diff --git a/ios/Podfile.lock b/ios/Podfile.lock
index 6cd424c759c..ff5c09ec9d9 100644
--- a/ios/Podfile.lock
+++ b/ios/Podfile.lock
@@ -330,7 +330,7 @@ PODS:
     - React-perflogger (= 0.68.7)
   - rn-fetch-blob (0.11.2):
     - React-Core
-  - RNCAsyncStorage (1.17.12):
+  - RNCAsyncStorage (1.23.1):
     - React-Core
   - RNCClipboard (1.13.2):
     - React-Core
@@ -636,7 +636,7 @@ SPEC CHECKSUMS:
   React-runtimeexecutor: 18932e685b4893be88d1efc18f5f8ca1c9cd39d8
   ReactCommon: 29bb6fad3242e30e9d049bc9d592736fa3da9e50
   rn-fetch-blob: f525a73a78df9ed5d35e67ea65e79d53c15255bc
-  RNCAsyncStorage: 09fc8595e6d6f6d5abf16b23a56b257d9c6b7c5b
+  RNCAsyncStorage: 826b603ae9c0f88b5ac4e956801f755109fa4d5c
   RNCClipboard: 60fed4b71560d7bfe40e9d35dea9762b024da86d
   RNCMaskedView: 0e1bc4bfa8365eba5fbbb71e07fbdc0555249489
   RNCPushNotificationIOS: 64218f3c776c03d7408284a819b2abfda1834bc8
diff --git a/package.json b/package.json
index 9e30fe2beb7..5484b1ad0b6 100644
--- a/package.json
+++ b/package.json
@@ -23,7 +23,7 @@
   },
   "dependencies": {
     "@expo/react-native-action-sheet": "^3.8.0",
-    "@react-native-async-storage/async-storage": "~1.17.3",
+    "@react-native-async-storage/async-storage": "^1.23.1",
     "@react-native-camera-roll/camera-roll": "^5.0.4 <5.3.0",
     "@react-native-clipboard/clipboard": "^1.11.1",
     "@react-native-community/masked-view": "^0.1.10",
diff --git a/yarn.lock b/yarn.lock
index 238a791eaac..a0b20194a6b 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -2136,10 +2136,10 @@
   resolved "https://registry.yarnpkg.com/@pkgjs/parseargs/-/parseargs-0.11.0.tgz#a77ea742fab25775145434eb1d2328cf5013ac33"
   integrity sha512-+1VkjdD0QBLPodGrJUeqarH8VAIvQODIbwh9XpP5Syisf7YoQgsJKPNFoqqLQlu+VQ/tVSshMR6loPMn8U+dPg==
 
-"@react-native-async-storage/async-storage@~1.17.3":
-  version "1.17.12"
-  resolved "https://registry.yarnpkg.com/@react-native-async-storage/async-storage/-/async-storage-1.17.12.tgz#a39e4df5b06795ce49b2ca5b7ca9b8faadf8e621"
-  integrity sha512-BXg4OxFdjPTRt+8MvN6jz4muq0/2zII3s7HeT/11e4Zeh3WCgk/BleLzUcDfVqF3OzFHUqEkSrb76d6Ndjd/Nw==
+"@react-native-async-storage/async-storage@^1.23.1":
+  version "1.23.1"
+  resolved "https://registry.yarnpkg.com/@react-native-async-storage/async-storage/-/async-storage-1.23.1.tgz#cad3cd4fab7dacfe9838dce6ecb352f79150c883"
+  integrity sha512-Qd2kQ3yi6Y3+AcUlrHxSLlnBvpdCEMVGFlVBneVOjaFaPU61g1huc38g339ysXspwY1QZA2aNhrk/KlHGO+ewA==
   dependencies:
     merge-options "^3.0.4"