diff --git a/libwifi/Makefile b/libwifi/Makefile
index 0c56e0f8e..0cbbe9017 100644
--- a/libwifi/Makefile
+++ b/libwifi/Makefile
@@ -5,12 +5,12 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=libwifi
-PKG_VERSION:=7.4.62
+PKG_VERSION:=7.4.63
 
 LOCAL_DEV=0
 ifneq ($(LOCAL_DEV),1)
 PKG_SOURCE_PROTO:=git
-PKG_SOURCE_VERSION:=0aeaf5a5d378600f7324ec13066f4c2aefbd2f9d
+PKG_SOURCE_VERSION:=f3925af4cd2d8cf2ce805cd71f562639779a652e
 PKG_SOURCE_URL:=https://dev.iopsys.eu/iopsys/libwifi.git
 PKG_MAINTAINER:=Anjan Chanda <anjan.chanda@iopsys.eu>
 PKG_SOURCE:=$(PKG_NAME)-$(PKG_VERSION)_$(PKG_SOURCE_VERSION).tar.xz