diff --git a/package/containerd/containerd.hash b/package/containerd/containerd.hash
index 02c19945b0..e3f8434192 100644
--- a/package/containerd/containerd.hash
+++ b/package/containerd/containerd.hash
@@ -1,3 +1,3 @@
 # Computed locally
-sha256  c4268561e514a2e8322bc8cdd39113d5e164fb31c2cef76f479d683395ea9bd6  containerd-1.7.20-go2.tar.gz
+sha256  393bfde8ca1766a0bca3441e18eddc3f5a5c8d97ef676bde0d6c9903e1b0ec0c  containerd-1.7.23-go2.tar.gz
 sha256  4bbe3b885e8cd1907ab4cf9a41e862e74e24b5422297a4f2fe524e6a30ada2b4  LICENSE
diff --git a/package/containerd/containerd.mk b/package/containerd/containerd.mk
index afd03d7d3f..88b53caf51 100644
--- a/package/containerd/containerd.mk
+++ b/package/containerd/containerd.mk
@@ -4,7 +4,7 @@
 #
 ################################################################################
 
-CONTAINERD_VERSION = 1.7.20
+CONTAINERD_VERSION = 1.7.23
 CONTAINERD_SITE = $(call github,containerd,containerd,v$(CONTAINERD_VERSION))
 CONTAINERD_LICENSE = Apache-2.0
 CONTAINERD_LICENSE_FILES = LICENSE