diff --git a/package/python-tftpy/python-tftpy.hash b/package/python-tftpy/python-tftpy.hash
index 93fb32621d..a8cb0ba2ec 100644
--- a/package/python-tftpy/python-tftpy.hash
+++ b/package/python-tftpy/python-tftpy.hash
@@ -1,6 +1,6 @@
 # md5, sha256 from https://pypi.org/pypi/tftpy/json
-md5  8f81c101961282c965086fc3cd123a40  tftpy-0.8.6.tar.gz
-sha256  f616f6a43a36d481c266573608597b9dd3c7c63818415d72aa04f1d1795480ea  tftpy-0.8.6.tar.gz
+md5  c7ad05458727c1acbb1898528c4a5f0d  tftpy-0.8.7.tar.gz
+sha256  e8a5aa092dab2e1cbb9b94392036827b808dc37eb6cf1b1ab33c81957b3f5fe2  tftpy-0.8.7.tar.gz
 # Locally computed sha256 checksums
 sha256  fc1460bf698c4207a255fffb446ce21d44cb0d9a8f2ee5ad705cd40969800050  python-tftpy-0.8.5.tar.gz
 sha256  4616f0c71e62ce2e0f6cdd3aef6d3c285f8730c9304b88a9f3ce3f14c2e6f756  LICENSE
diff --git a/package/python-tftpy/python-tftpy.mk b/package/python-tftpy/python-tftpy.mk
index 5b31b4a5cf..db70a07011 100644
--- a/package/python-tftpy/python-tftpy.mk
+++ b/package/python-tftpy/python-tftpy.mk
@@ -4,9 +4,9 @@
 #
 ################################################################################
 
-PYTHON_TFTPY_VERSION = 0.8.6
+PYTHON_TFTPY_VERSION = 0.8.7
 PYTHON_TFTPY_SOURCE = tftpy-$(PYTHON_TFTPY_VERSION).tar.gz
-PYTHON_TFTPY_SITE = https://files.pythonhosted.org/packages/68/7a/15a01d67184aa855e07eac08bfd514e008027ff198b32274f7657d8368ad
+PYTHON_TFTPY_SITE = https://files.pythonhosted.org/packages/4c/4f/92f31ab66baf5147d3c080d1a0820b68bced08a1fe5d3565868118649c81
 PYTHON_TFTPY_LICENSE = MIT
 PYTHON_TFTPY_LICENSE_FILES = LICENSE
 PYTHON_TFTPY_SETUP_TYPE = setuptools