diff --git a/package/python-posix-ipc/python-posix-ipc.hash b/package/python-posix-ipc/python-posix-ipc.hash
index 1f1d98bcb4..d70fd516d4 100644
--- a/package/python-posix-ipc/python-posix-ipc.hash
+++ b/package/python-posix-ipc/python-posix-ipc.hash
@@ -1,5 +1,5 @@
 # md5, sha256 from https://pypi.org/pypi/posix-ipc/json
-md5  2488e63c881311f2bb697a0344ba9070  posix_ipc-1.3.0.tar.gz
-sha256  6e559ac5bb5f6f233c396103f4868e383bbd8f4e54d20876910896f47d353448  posix_ipc-1.3.0.tar.gz
+md5  fbfbd3526830f1ca3cd87003be0b490a  posix_ipc-1.3.2.tar.gz
+sha256  6923232111329954a8349f7d99f212b6e96b5206e77fbd39aaf1b3cb4a5e9260  posix_ipc-1.3.2.tar.gz
 # Locally computed sha256 checksums
 sha256  3f65e6e3d932adabcc6176dad775c6e538711483ef8de45a3ec47a12525f56b3  LICENSE
diff --git a/package/python-posix-ipc/python-posix-ipc.mk b/package/python-posix-ipc/python-posix-ipc.mk
index 48d6588310..46bbc7754a 100644
--- a/package/python-posix-ipc/python-posix-ipc.mk
+++ b/package/python-posix-ipc/python-posix-ipc.mk
@@ -4,9 +4,9 @@
 #
 ################################################################################
 
-PYTHON_POSIX_IPC_VERSION = 1.3.0
+PYTHON_POSIX_IPC_VERSION = 1.3.2
 PYTHON_POSIX_IPC_SOURCE = posix_ipc-$(PYTHON_POSIX_IPC_VERSION).tar.gz
-PYTHON_POSIX_IPC_SITE = https://files.pythonhosted.org/packages/2b/a1/16d4b5a7dfc3dbb5965debe0415b6dc4866d4c94a1229f5b12cde7b78de8
+PYTHON_POSIX_IPC_SITE = https://files.pythonhosted.org/packages/40/59/56be08bcd98bcb8bd2ec3de7dea4a8da3bde63b17974896ed2b91c9a4fb7
 PYTHON_POSIX_IPC_LICENSE = BSD-3-Clause
 PYTHON_POSIX_IPC_LICENSE_FILES = LICENSE
 PYTHON_POSIX_IPC_SETUP_TYPE = setuptools