Also, i'm looking for what security vulnerabilities exist...the last time there was a security vulnerability with prototypejs was 2011, so there's no security vulnerability, prototype js is just a tool to help build javascript classes/methods that Kentico's internal interfaces uses, but it's client side so can't really open up security vulnerabilities.
https://www.cvedetails.com/vulnerability-list/vendor_id-6541/Prototypejs.html
I would doubt Kentico will update it's prototype.js when it really doesn't need to, i would go back to the security team and outline that there is no security vulnerability with that version, and ask what risk they think there is.