diff --git a/package/tpm2-tss/tpm2-tss.hash b/package/tpm2-tss/tpm2-tss.hash
index b6eb3c1f97..db6b3b7ad0 100644
--- a/package/tpm2-tss/tpm2-tss.hash
+++ b/package/tpm2-tss/tpm2-tss.hash
@@ -1,3 +1,3 @@
 # Locally computed:
-sha256  8900a6603f74310b749b65f23c3461cde6e2a23a5f61058b21004c25f9cf19e8  tpm2-tss-3.1.0.tar.gz
+sha256  48305e4144dcf6d10f3b25b7bccf0189fd2d1186feafd8cd68c6b17ecf0d7912  tpm2-tss-3.2.0.tar.gz
 sha256  18c1bf4b1ba1fb2c4ffa7398c234d83c0d55475298e470ae1e5e3a8a8bd2e448  LICENSE
diff --git a/package/tpm2-tss/tpm2-tss.mk b/package/tpm2-tss/tpm2-tss.mk
index 060883c377..568ac35c8f 100644
--- a/package/tpm2-tss/tpm2-tss.mk
+++ b/package/tpm2-tss/tpm2-tss.mk
@@ -4,7 +4,7 @@
 #
 ################################################################################
 
-TPM2_TSS_VERSION = 3.1.0
+TPM2_TSS_VERSION = 3.2.0
 TPM2_TSS_SITE = https://github.com/tpm2-software/tpm2-tss/releases/download/$(TPM2_TSS_VERSION)
 TPM2_TSS_LICENSE = BSD-2-Clause
 TPM2_TSS_LICENSE_FILES = LICENSE