diff --git a/package/wolfssl/wolfssl.hash b/package/wolfssl/wolfssl.hash
index 4a1aeebe7d..0ee55276dc 100644
--- a/package/wolfssl/wolfssl.hash
+++ b/package/wolfssl/wolfssl.hash
@@ -1,6 +1,6 @@
 # Locally computed:
-sha256  7f854804c8ae0ca49cc77809e38e9a3b5a8c91ba7855ea928e6d6651b0d35f18  wolfssl-4.4.0-stable.tar.gz
+sha256  7de62300ce14daa0051bfefc7c4d6302f96cabc768b6ae49eda77523b118250c  wolfssl-4.5.0-stable.tar.gz
 
 # Hash for license files:
 sha256  8177f97513213526df2cf6184d8ff986c675afb514d4e68a404010521b880643  COPYING
-sha256  74adaaef40b96c71378b6daa3feb8ccd4a1bfd9b76debf3f3f29cf3a0e86c9a0  LICENSING
+sha256  b23c1da1f85d699d3288d73c952b4cd02760d23dc1ddc1b221cbb8be82387189  LICENSING
diff --git a/package/wolfssl/wolfssl.mk b/package/wolfssl/wolfssl.mk
index e3062c39b5..5400b35fa5 100644
--- a/package/wolfssl/wolfssl.mk
+++ b/package/wolfssl/wolfssl.mk
@@ -4,11 +4,11 @@
 #
 ################################################################################
 
-WOLFSSL_VERSION = 4.4.0-stable
+WOLFSSL_VERSION = 4.5.0-stable
 WOLFSSL_SITE = $(call github,wolfSSL,wolfssl,v$(WOLFSSL_VERSION))
 WOLFSSL_INSTALL_STAGING = YES
 
-WOLFSSL_LICENSE = GPL-2.0
+WOLFSSL_LICENSE = GPL-2.0+
 WOLFSSL_LICENSE_FILES = COPYING LICENSING
 
 WOLFSSL_DEPENDENCIES = host-pkgconf