diff --git a/npm-shrinkwrap.json b/npm-shrinkwrap.json
index 9dce7e980f..beebf6bc82 100644
--- a/npm-shrinkwrap.json
+++ b/npm-shrinkwrap.json
@@ -17276,9 +17276,9 @@
       ]
     },
     "node_modules/jsonschema": {
-      "version": "1.1.1",
-      "resolved": "https://registry.npmjs.org/jsonschema/-/jsonschema-1.1.1.tgz",
-      "integrity": "sha1-PO3o4+QR03eHLu+8n98mODy8Ptk=",
+      "version": "1.4.1",
+      "resolved": "https://registry.npmjs.org/jsonschema/-/jsonschema-1.4.1.tgz",
+      "integrity": "sha512-S6cATIPVv1z0IlxdN+zUk5EPjkGCdnhN4wVSBlvoUO1tOLJootbo9CquNJmbIh4yikWHiUedhRYrNPn1arpEmQ==",
       "engines": {
         "node": "*"
       }
@@ -18681,7 +18681,6 @@
       "version": "4.2.0",
       "resolved": "https://registry.npmjs.org/mustache/-/mustache-4.2.0.tgz",
       "integrity": "sha512-71ippSywq5Yb7/tVYyGbkBggbU8H3u5Rz56fH60jGFgr8uHwxs+aSKeqmluIVzM0m0kB7xQjKS6qPfd0b2ZoqQ==",
-      "dev": true,
       "bin": {
         "mustache": "bin/mustache"
       }
@@ -24801,12 +24800,12 @@
         "jest-diff": "27.0.6",
         "js-yaml": "4.1.0",
         "jsonfile": "4.0.0",
-        "jsonschema": "1.1.1",
+        "jsonschema": "1.4.1",
         "lodash": "4.17.21",
         "lodash-deep": "2.0.0",
         "log4js": "6.4.6",
         "markdown-it": "12.3.2",
-        "mustache": "2.3.0",
+        "mustache": "4.2.0",
         "npm-package-arg": "9.1.0",
         "opener": "1.5.2",
         "pacote": "11.1.4",
@@ -24989,17 +24988,6 @@
         "node": ">=12"
       }
     },
-    "packages/imperative/node_modules/mustache": {
-      "version": "2.3.0",
-      "resolved": "https://registry.npmjs.org/mustache/-/mustache-2.3.0.tgz",
-      "integrity": "sha512-IgZ/cCHtDG1ft0vdDV9wrlNz20SvbUu2ECoDF6dhk2ZtedLNy1Kehy4oFlzmHPxcUQmVZuXYS2j+d0NkaEjTXQ==",
-      "bin": {
-        "mustache": "bin/mustache"
-      },
-      "engines": {
-        "npm": ">=1.4.0"
-      }
-    },
     "packages/imperative/node_modules/npm-package-arg": {
       "version": "9.1.0",
       "resolved": "https://registry.npmjs.org/npm-package-arg/-/npm-package-arg-9.1.0.tgz",
@@ -32085,12 +32073,12 @@
         "jest-diff": "27.0.6",
         "js-yaml": "4.1.0",
         "jsonfile": "4.0.0",
-        "jsonschema": "1.1.1",
+        "jsonschema": "1.4.1",
         "lodash": "4.17.21",
         "lodash-deep": "2.0.0",
         "log4js": "6.4.6",
         "markdown-it": "12.3.2",
-        "mustache": "2.3.0",
+        "mustache": "4.2.0",
         "npm-package-arg": "9.1.0",
         "opener": "1.5.2",
         "pacote": "11.1.4",
@@ -32213,11 +32201,6 @@
           "resolved": "https://registry.npmjs.org/lru-cache/-/lru-cache-7.18.3.tgz",
           "integrity": "sha512-jumlc0BIUrS3qJGgIkWZsyfAM7NCWiBcCDhnd+3NNM5KbBmLTgHVfWBcg6W+rLUsIpzpERPsvwUP7CckAQSOoA=="
         },
-        "mustache": {
-          "version": "2.3.0",
-          "resolved": "https://registry.npmjs.org/mustache/-/mustache-2.3.0.tgz",
-          "integrity": "sha512-IgZ/cCHtDG1ft0vdDV9wrlNz20SvbUu2ECoDF6dhk2ZtedLNy1Kehy4oFlzmHPxcUQmVZuXYS2j+d0NkaEjTXQ=="
-        },
         "npm-package-arg": {
           "version": "9.1.0",
           "resolved": "https://registry.npmjs.org/npm-package-arg/-/npm-package-arg-9.1.0.tgz",
@@ -39075,9 +39058,9 @@
       "integrity": "sha1-P02uSpH6wxX3EGL4UhzCOfE2YoA="
     },
     "jsonschema": {
-      "version": "1.1.1",
-      "resolved": "https://registry.npmjs.org/jsonschema/-/jsonschema-1.1.1.tgz",
-      "integrity": "sha1-PO3o4+QR03eHLu+8n98mODy8Ptk="
+      "version": "1.4.1",
+      "resolved": "https://registry.npmjs.org/jsonschema/-/jsonschema-1.4.1.tgz",
+      "integrity": "sha512-S6cATIPVv1z0IlxdN+zUk5EPjkGCdnhN4wVSBlvoUO1tOLJootbo9CquNJmbIh4yikWHiUedhRYrNPn1arpEmQ=="
     },
     "JSONStream": {
       "version": "1.3.5",
@@ -40165,8 +40148,7 @@
     "mustache": {
       "version": "4.2.0",
       "resolved": "https://registry.npmjs.org/mustache/-/mustache-4.2.0.tgz",
-      "integrity": "sha512-71ippSywq5Yb7/tVYyGbkBggbU8H3u5Rz56fH60jGFgr8uHwxs+aSKeqmluIVzM0m0kB7xQjKS6qPfd0b2ZoqQ==",
-      "dev": true
+      "integrity": "sha512-71ippSywq5Yb7/tVYyGbkBggbU8H3u5Rz56fH60jGFgr8uHwxs+aSKeqmluIVzM0m0kB7xQjKS6qPfd0b2ZoqQ=="
     },
     "mute-stream": {
       "version": "0.0.8",
diff --git a/packages/imperative/CHANGELOG.md b/packages/imperative/CHANGELOG.md
index eb6da797bb..0a37b378d7 100644
--- a/packages/imperative/CHANGELOG.md
+++ b/packages/imperative/CHANGELOG.md
@@ -2,6 +2,10 @@
 
 All notable changes to the Imperative package will be documented in this file.
 
+## Recent Changes
+
+- BugFix: Updated `mustache` and `jsonschema` dependencies for technical currency.
+
 ## `5.21.0`
 
 - Enhancement: Hid the progress bar if `CI` environment variable is set, or if `FORCE_COLOR` environment variable is set to `0`. [#1845](https://github.com/zowe/zowe-cli/issues/1845)
diff --git a/packages/imperative/package.json b/packages/imperative/package.json
index 0690ec6e56..5558fb00ab 100644
--- a/packages/imperative/package.json
+++ b/packages/imperative/package.json
@@ -59,12 +59,12 @@
     "jest-diff": "27.0.6",
     "js-yaml": "4.1.0",
     "jsonfile": "4.0.0",
-    "jsonschema": "1.1.1",
+    "jsonschema": "1.4.1",
     "lodash": "4.17.21",
     "lodash-deep": "2.0.0",
     "log4js": "6.4.6",
     "markdown-it": "12.3.2",
-    "mustache": "2.3.0",
+    "mustache": "4.2.0",
     "npm-package-arg": "9.1.0",
     "opener": "1.5.2",
     "pacote": "11.1.4",
diff --git a/packages/imperative/src/profiles/__tests__/__snapshots__/BasicProfileManager.save.unit.test.ts.snap b/packages/imperative/src/profiles/__tests__/__snapshots__/BasicProfileManager.save.unit.test.ts.snap
index bdd9d9b307..950e4aadfa 100644
--- a/packages/imperative/src/profiles/__tests__/__snapshots__/BasicProfileManager.save.unit.test.ts.snap
+++ b/packages/imperative/src/profiles/__tests__/__snapshots__/BasicProfileManager.save.unit.test.ts.snap
@@ -61,7 +61,7 @@ exports[`Basic Profile Manager Save should detect that the dependencies are pres
 
 exports[`Basic Profile Manager Save should fail a save request if a profile has more properties than defined on the schema 1`] = `
 "Errors located in profile \\"tasty_apple\\" of type \\"apple\\":
-profile additionalProperty \\"seedless\\" exists in instance when not allowed
+profile is not allowed to have the additional property \\"seedless\\"
 "
 `;
 
diff --git a/packages/imperative/src/profiles/__tests__/__snapshots__/BasicProfileManager.validate.unit.test.ts.snap b/packages/imperative/src/profiles/__tests__/__snapshots__/BasicProfileManager.validate.unit.test.ts.snap
index 5d2a6372ff..0b4000e40e 100644
--- a/packages/imperative/src/profiles/__tests__/__snapshots__/BasicProfileManager.validate.unit.test.ts.snap
+++ b/packages/imperative/src/profiles/__tests__/__snapshots__/BasicProfileManager.validate.unit.test.ts.snap
@@ -35,7 +35,7 @@ exports[`Basic Profile Manager Validate should detect undefined parms 1`] = `"Ex
 
 exports[`Basic Profile Manager Validate should fail a save request if a profile has more properties than defined on the schema 1`] = `
 "Errors located in profile \\"good_apple\\" of type \\"apple\\":
-profile additionalProperty \\"seedless\\" exists in instance when not allowed
+profile is not allowed to have the additional property \\"seedless\\"
 "
 `;