diff --git a/requirements.txt b/requirements.txt
index 0140b52..4e629b7 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -10,7 +10,7 @@ isort==4.3.20
 lazy-object-proxy==1.4.1
 mccabe==0.6.1
 pycparser==2.19
-PyJWT==1.7.1
+PyJWT==2.4.0
 requests==2.22.0
 six==1.12.0
 typed-ast==1.3.5
diff --git a/setup.py b/setup.py
index 511ca64..049204d 100644
--- a/setup.py
+++ b/setup.py
@@ -6,7 +6,7 @@
     'asn1crypto==0.24.0', 'astroid==2.2.5', 'certifi==2019.3.9',
     'cffi==1.12.3', 'chardet==3.0.4', 'cryptography==2.7', 'deepmap_sdk==1.0',
     'idna==2.8', 'isort==4.3.20', 'lazy-object-proxy==1.4.1', 'mccabe==0.6.1',
-    'pycparser==2.19', 'PyJWT==1.7.1', 'requests==2.22.0', 'six==1.12.0',
+    'pycparser==2.19', 'PyJWT==2.4.0', 'requests==2.22.0', 'six==1.12.0',
     'typed-ast==1.4.3', 'urllib3==1.25.4', 'wrapt==1.11.1'
 ]