diff --git a/package/python-paramiko/python-paramiko.hash b/package/python-paramiko/python-paramiko.hash
index 893aac074e..918dda17e1 100644
--- a/package/python-paramiko/python-paramiko.hash
+++ b/package/python-paramiko/python-paramiko.hash
@@ -1,5 +1,5 @@
 # md5, sha256 from https://pypi.org/pypi/paramiko/json
-md5  be485ba66b576d8bc7e1c0ad96e87108  paramiko-3.4.0.tar.gz
-sha256  aac08f26a31dc4dffd92821527d1682d99d52f9ef6851968114a8728f3c274d3  paramiko-3.4.0.tar.gz
+md5  2ea59e8a3423fe050398071b209b9b69  paramiko-3.5.0.tar.gz
+sha256  ad11e540da4f55cedda52931f1a3f812a8238a7af7f62a60de538cd80bb28124  paramiko-3.5.0.tar.gz
 # Locally computed sha256 checksums
 sha256  5fa25bf5f395fd26e701c2e1de4ca7d162816986dc791c22f8f4226857ad1bb2  LICENSE
diff --git a/package/python-paramiko/python-paramiko.mk b/package/python-paramiko/python-paramiko.mk
index 8d921486c7..e79860c442 100644
--- a/package/python-paramiko/python-paramiko.mk
+++ b/package/python-paramiko/python-paramiko.mk
@@ -4,9 +4,9 @@
 #
 ################################################################################
 
-PYTHON_PARAMIKO_VERSION = 3.4.0
+PYTHON_PARAMIKO_VERSION = 3.5.0
 PYTHON_PARAMIKO_SOURCE = paramiko-$(PYTHON_PARAMIKO_VERSION).tar.gz
-PYTHON_PARAMIKO_SITE = https://files.pythonhosted.org/packages/cc/af/11996c4df4f9caff87997ad2d3fd8825078c277d6a928446d2b6cf249889
+PYTHON_PARAMIKO_SITE = https://files.pythonhosted.org/packages/1b/0f/c00296e36ff7485935b83d466c4f2cf5934b84b0ad14e81796e1d9d3609b
 PYTHON_PARAMIKO_SETUP_TYPE = setuptools
 PYTHON_PARAMIKO_LICENSE = LGPL-2.1+
 PYTHON_PARAMIKO_LICENSE_FILES = LICENSE