diff --git a/requirements.txt b/requirements.txt
index f80703c20d7a60e2039dc36be5e815bfd0fdc094..d99d6b90a932cb84d8e406da1d5efc2c8250e503 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -20,7 +20,7 @@ mock==2.0.0
 num2words==0.5.6
 ofxparse==0.16
 passlib==1.6.5
-Pillow==4.0.0
+Pillow==5.4.0
 polib==1.1.0
 psutil==4.3.1; sys_platform != 'win32'
 psycopg2==2.7.3.1; sys_platform != 'win32'