diff --git a/package/redis/redis.hash b/package/redis/redis.hash
index 582c3afa03..bff478fe7c 100644
--- a/package/redis/redis.hash
+++ b/package/redis/redis.hash
@@ -1,5 +1,5 @@
 # From https://github.com/redis/redis-hashes/blob/master/README
-sha256  284d8bd1fd85d6a55a05ee4e7c31c31977ad56cbf344ed83790beeb148baa720  redis-7.0.0.tar.gz
+sha256  2cde7d17214ffe305953da9fff12333e8a72caa57fd4923e4872f6362a208e73  redis-7.0.3.tar.gz
 
 # Locally calculated
 sha256  97f0a15b7bbae580d2609dad2e11f1956ae167be296ab60f4691ab9c30ee9828  COPYING
diff --git a/package/redis/redis.mk b/package/redis/redis.mk
index 3b91fbf8c8..b292782acf 100644
--- a/package/redis/redis.mk
+++ b/package/redis/redis.mk
@@ -4,7 +4,7 @@
 #
 ################################################################################
 
-REDIS_VERSION = 7.0.0
+REDIS_VERSION = 7.0.3
 REDIS_SITE = http://download.redis.io/releases
 REDIS_LICENSE = BSD-3-Clause (core); MIT and BSD family licenses (Bundled components)
 REDIS_LICENSE_FILES = COPYING