diff --git a/package/wolfssl/wolfssl.hash b/package/wolfssl/wolfssl.hash
index 08262113a0..3407586edd 100644
--- a/package/wolfssl/wolfssl.hash
+++ b/package/wolfssl/wolfssl.hash
@@ -1,5 +1,5 @@
 # Locally computed:
-sha256  fd3135b8657d09fb96a8aad16585da850b96ea420ae8ce5ac4d5fdfc614c2683  wolfssl-5.5.3.tar.gz
+sha256  2e74a397fa797c2902d7467d500de904907666afb4ff80f6464f6efd5afb114a  wolfssl-5.6.3.tar.gz
 
 # Hash for license files:
 sha256  8177f97513213526df2cf6184d8ff986c675afb514d4e68a404010521b880643  COPYING
diff --git a/package/wolfssl/wolfssl.mk b/package/wolfssl/wolfssl.mk
index 9f06bb1b4b..9b35a6a84a 100644
--- a/package/wolfssl/wolfssl.mk
+++ b/package/wolfssl/wolfssl.mk
@@ -4,7 +4,7 @@
 #
 ################################################################################
 
-WOLFSSL_VERSION = 5.5.3
+WOLFSSL_VERSION = 5.6.3
 WOLFSSL_SITE = $(call github,wolfSSL,wolfssl,v$(WOLFSSL_VERSION)-stable)
 WOLFSSL_INSTALL_STAGING = YES