diff --git a/lang/python/python-paramiko/Makefile b/lang/python/python-paramiko/Makefile
index f9c2d8eff4..7ee37b1063 100644
--- a/lang/python/python-paramiko/Makefile
+++ b/lang/python/python-paramiko/Makefile
@@ -1,11 +1,11 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=python-paramiko
-PKG_VERSION:=3.3.1
+PKG_VERSION:=3.4.0
 PKG_RELEASE:=1
 
 PYPI_NAME:=paramiko
-PKG_HASH:=6a3777a961ac86dbef375c5f5b8d50014a1a96d0fd7f054a43bc880134b0ff77
+PKG_HASH:=aac08f26a31dc4dffd92821527d1682d99d52f9ef6851968114a8728f3c274d3
 
 PKG_MAINTAINER:=Javier Marcet <javier@marcet.info>
 PKG_LICENSE:=LGPL-2.1-or-later