diff --git a/.changeset/update-truffle-version.md b/.changeset/update-truffle-version.md
new file mode 100644
index 000000000..b81d6ad62
--- /dev/null
+++ b/.changeset/update-truffle-version.md
@@ -0,0 +1,5 @@
+---
+'@typechain/truffle-v5': patch
+---
+
+Update minimum version of truffle dependency to enhance security
diff --git a/packages/target-truffle-v5/package.json b/packages/target-truffle-v5/package.json
index 7bdfe89fb..9def12fb3 100644
--- a/packages/target-truffle-v5/package.json
+++ b/packages/target-truffle-v5/package.json
@@ -31,7 +31,7 @@
   },
   "peerDependencies": {
     "typechain": "^8.0.0",
-    "truffle": "^5.0.0",
+    "truffle": "^5.5.19",
     "web3-core": "^1",
     "web3-eth-contract": "^1",
     "web3-utils": "^1",