diff --git a/package/ffmpeg/ffmpeg.hash b/package/ffmpeg/ffmpeg.hash
index 1572285cd6..959a562b8d 100644
--- a/package/ffmpeg/ffmpeg.hash
+++ b/package/ffmpeg/ffmpeg.hash
@@ -1,5 +1,5 @@
 # Locally calculated
-sha256  1d0ad06484f44bcb97eba5e93c40bcb893890f9f64aeb43e46cd9bb4cbd6795d  ffmpeg-4.3.tar.xz
+sha256  ad009240d46e307b4e03a213a0f49c11b650e445b1f8be0dda2a9212b34d2ffb  ffmpeg-4.3.1.tar.xz
 sha256  8177f97513213526df2cf6184d8ff986c675afb514d4e68a404010521b880643  COPYING.GPLv2
 sha256  b634ab5640e258563c536e658cad87080553df6f34f62269a21d554844e58bfe  COPYING.LGPLv2.1
 sha256  cb48bf09a11f5fb576cddb0431c8f5ed0a60157a9ec942adffc13907cbe083f2  LICENSE.md
diff --git a/package/ffmpeg/ffmpeg.mk b/package/ffmpeg/ffmpeg.mk
index aeebc0effc..1b311ebaea 100644
--- a/package/ffmpeg/ffmpeg.mk
+++ b/package/ffmpeg/ffmpeg.mk
@@ -4,7 +4,7 @@
 #
 ################################################################################
 
-FFMPEG_VERSION = 4.3
+FFMPEG_VERSION = 4.3.1
 FFMPEG_SOURCE = ffmpeg-$(FFMPEG_VERSION).tar.xz
 FFMPEG_SITE = http://ffmpeg.org/releases
 FFMPEG_INSTALL_STAGING = YES