diff --git a/package/ffmpeg/ffmpeg.hash b/package/ffmpeg/ffmpeg.hash
index 6adf7e440a..f4470f9c85 100644
--- a/package/ffmpeg/ffmpeg.hash
+++ b/package/ffmpeg/ffmpeg.hash
@@ -1,2 +1,2 @@
 # Locally calculated
-sha256 54ce502aca10b7e6059f19220ea2f68fa0c9c4c4d255ae13e615f08f0c94dcc5  ffmpeg-3.2.3.tar.xz
+sha256 28e75fc32485a88035a7ebf0a956a1e5c7e93b440dd4bbd6bc30c7268cf34fe9  ffmpeg-3.2.7.tar.xz
diff --git a/package/ffmpeg/ffmpeg.mk b/package/ffmpeg/ffmpeg.mk
index 9c30e8f406..00db404593 100644
--- a/package/ffmpeg/ffmpeg.mk
+++ b/package/ffmpeg/ffmpeg.mk
@@ -4,7 +4,7 @@
 #
 ################################################################################
 
-FFMPEG_VERSION = 3.2.3
+FFMPEG_VERSION = 3.2.7
 FFMPEG_SOURCE = ffmpeg-$(FFMPEG_VERSION).tar.xz
 FFMPEG_SITE = http://ffmpeg.org/releases
 FFMPEG_INSTALL_STAGING = YES