diff --git a/package/libs/openssl/Makefile b/package/libs/openssl/Makefile
index 959424ce12c..4829670f86f 100644
--- a/package/libs/openssl/Makefile
+++ b/package/libs/openssl/Makefile
@@ -8,7 +8,7 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=openssl
-PKG_VERSION:=3.0.15
+PKG_VERSION:=3.0.16
 PKG_RELEASE:=1
 PKG_BUILD_FLAGS:=no-mips16 gc-sections no-lto
 
@@ -21,7 +21,7 @@ PKG_SOURCE_URL:= \
 	https://www.openssl.org/source/old/$(PKG_BASE)/ \
 	https://github.com/openssl/openssl/releases/download/$(PKG_NAME)-$(PKG_VERSION)/
 
-PKG_HASH:=23c666d0edf20f14249b3d8f0368acaee9ab585b09e1de82107c66e1f3ec9533
+PKG_HASH:=57e03c50feab5d31b152af2b764f10379aecd8ee92f16c985983ce4a99f7ef86
 
 PKG_LICENSE:=Apache-2.0
 PKG_LICENSE_FILES:=LICENSE