diff --git a/libwifi/Makefile b/libwifi/Makefile
index 8b09a1d8e..ed68e267f 100644
--- a/libwifi/Makefile
+++ b/libwifi/Makefile
@@ -5,12 +5,12 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=libwifi
-PKG_VERSION:=7.8.7
+PKG_VERSION:=7.8.8
 
 LOCAL_DEV=0
 ifneq ($(LOCAL_DEV),1)
 PKG_SOURCE_PROTO:=git
-PKG_SOURCE_VERSION:=f404da930080f3ef2ac34fe12a96d2e0b98dbf22
+PKG_SOURCE_VERSION:=4a1eaa7bfcaf4d2c0efeb453ea7c40b5ab7904ac
 PKG_SOURCE_URL:=https://dev.iopsys.eu/iopsys/libwifi.git
 PKG_MAINTAINER:=Anjan Chanda <anjan.chanda@iopsys.eu>
 PKG_SOURCE:=$(PKG_NAME)-$(PKG_VERSION)_$(PKG_SOURCE_VERSION).tar.xz