diff --git a/libwifi/Makefile b/libwifi/Makefile
index d29d84e3a..4ea8f6b2b 100644
--- a/libwifi/Makefile
+++ b/libwifi/Makefile
@@ -5,12 +5,12 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=libwifi
-PKG_VERSION:=7.4.58
+PKG_VERSION:=7.4.59
 
 LOCAL_DEV=0
 ifneq ($(LOCAL_DEV),1)
 PKG_SOURCE_PROTO:=git
-PKG_SOURCE_VERSION:=7100e35c8a01dfbdd19cacfece241cc35541ca1e
+PKG_SOURCE_VERSION:=78491478f60adc9f29cefbf2196f111423823d14
 PKG_SOURCE_URL:=https://dev.iopsys.eu/iopsys/libwifi.git
 PKG_MAINTAINER:=Anjan Chanda <anjan.chanda@iopsys.eu>
 PKG_SOURCE:=$(PKG_NAME)-$(PKG_VERSION)_$(PKG_SOURCE_VERSION).tar.xz