diff --git a/package/libs/openssl/Makefile b/package/libs/openssl/Makefile
index 5ca2a2493b..06844e2866 100644
--- a/package/libs/openssl/Makefile
+++ b/package/libs/openssl/Makefile
@@ -8,7 +8,7 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=openssl
-PKG_VERSION:=3.5.3
+PKG_VERSION:=3.5.4
 PKG_RELEASE:=1
 PKG_BUILD_FLAGS:=no-mips16 gc-sections no-lto
 
@@ -21,7 +21,7 @@ PKG_SOURCE_URL:= \
 	https://www.openssl.org/source/old/$(PKG_BASE)/ \
 	https://github.com/openssl/openssl/releases/download/$(PKG_NAME)-$(PKG_VERSION)/
 
-PKG_HASH:=c9489d2abcf943cdc8329a57092331c598a402938054dc3a22218aea8a8ec3bf
+PKG_HASH:=967311f84955316969bdb1d8d4b983718ef42338639c621ec4c34fddef355e99
 
 PKG_LICENSE:=Apache-2.0
 PKG_LICENSE_FILES:=LICENSE.txt