diff --git a/libs/postgresql/Makefile b/libs/postgresql/Makefile
index c33bbd442..f7d8395a3 100644
--- a/libs/postgresql/Makefile
+++ b/libs/postgresql/Makefile
@@ -5,8 +5,8 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=postgresql
-PKG_VERSION:=12.1
-PKG_RELEASE:=4
+PKG_VERSION:=12.3
+PKG_RELEASE:=1
 PKG_MAINTAINER:=Daniel Golle <daniel@makrotopia.org>
 PKG_LICENSE:=PostgreSQL
 PKG_CPE_ID:=cpe:/a:postgresql:postgresql
@@ -17,7 +17,7 @@ PKG_SOURCE_URL:=\
 	http://ftp.postgresql.org/pub/source/v$(PKG_VERSION) \
 	ftp://ftp.postgresql.org/pub/source/v$(PKG_VERSION)
 
-PKG_HASH:=a09bf3abbaf6763980d0f8acbb943b7629a8b20073de18d867aecdb7988483ed
+PKG_HASH:=94ed64a6179048190695c86ec707cc25d016056ce10fc9d229267d9a8f1dcf41
 
 PKG_USE_MIPS16:=0
 PKG_FIXUP:=autoreconf