diff --git a/package/libopenssl/libopenssl.hash b/package/libopenssl/libopenssl.hash
index 22bb365bcc..ec5fd0fe84 100644
--- a/package/libopenssl/libopenssl.hash
+++ b/package/libopenssl/libopenssl.hash
@@ -1,5 +1,5 @@
-# From https://www.openssl.org/source/openssl-1.1.1n.tar.gz.sha256
-sha256  40dceb51a4f6a5275bde0e6bf20ef4b91bfc32ed57c0552e2e8e15463372b17a  openssl-1.1.1n.tar.gz
+# From https://www.openssl.org/source/openssl-1.1.1o.tar.gz.sha256
+sha256  9384a2b0570dd80358841464677115df785edb941c71211f75076d72fe6b438f  openssl-1.1.1o.tar.gz
 
 # License files
 sha256  c32913b33252e71190af2066f08115c69bc9fddadf3bf29296e20c835389841c  LICENSE
diff --git a/package/libopenssl/libopenssl.mk b/package/libopenssl/libopenssl.mk
index ae6658ed40..0c039dc7d6 100644
--- a/package/libopenssl/libopenssl.mk
+++ b/package/libopenssl/libopenssl.mk
@@ -4,7 +4,7 @@
 #
 ################################################################################
 
-LIBOPENSSL_VERSION = 1.1.1n
+LIBOPENSSL_VERSION = 1.1.1o
 LIBOPENSSL_SITE = https://www.openssl.org/source
 LIBOPENSSL_SOURCE = openssl-$(LIBOPENSSL_VERSION).tar.gz
 LIBOPENSSL_LICENSE = OpenSSL or SSLeay