diff --git a/package/protobuf/protobuf.hash b/package/protobuf/protobuf.hash
index fe1084b640..be6484fb92 100644
--- a/package/protobuf/protobuf.hash
+++ b/package/protobuf/protobuf.hash
@@ -1,3 +1,3 @@
 # Locally calculated
 sha256  6e5e117324afd944dcf67f36cf329843bc1a92229a8cd9bb573d7a83130fea7d  LICENSE
-sha256  e540aae70d3b4f758846588768c9e39090fab880bc3233a1f42a8ab8d3781efd  protobuf-34.0.tar.gz
+sha256  e4e6ff10760cf747a2decd1867741f561b216bd60cc4038c87564713a6da1848  protobuf-34.1.tar.gz
diff --git a/package/protobuf/protobuf.mk b/package/protobuf/protobuf.mk
index 1d110fdbf0..4f5911e794 100644
--- a/package/protobuf/protobuf.mk
+++ b/package/protobuf/protobuf.mk
@@ -7,7 +7,7 @@
 # When bumping this package, make sure to also verify if the
 # python-protobuf package still works and to update its hash,
 # as they share the same version/site variables.
-PROTOBUF_VERSION = 34.0
+PROTOBUF_VERSION = 34.1
 PROTOBUF_SITE = https://github.com/protocolbuffers/protobuf/releases/download/v$(PROTOBUF_VERSION)
 PROTOBUF_LICENSE = BSD-3-Clause
 PROTOBUF_LICENSE_FILES = LICENSE
diff --git a/package/python-protobuf/python-protobuf.hash b/package/python-protobuf/python-protobuf.hash
index 1d84f02292..346a2f3c54 100644
--- a/package/python-protobuf/python-protobuf.hash
+++ b/package/python-protobuf/python-protobuf.hash
@@ -1,5 +1,5 @@
 # md5, sha256 from https://pypi.org/pypi/protobuf/json
-md5  f8ad7dac46884ad2ac3929eecfcafb0a  protobuf-7.34.0.tar.gz
-sha256  3871a3df67c710aaf7bb8d214cc997342e63ceebd940c8c7fc65c9b3d697591a  protobuf-7.34.0.tar.gz
+md5  7d860558dfbd2762140370c391285c35  protobuf-7.34.1.tar.gz
+sha256  9ce42245e704cc5027be797c1db1eb93184d44d1cdd71811fb2d9b25ad541280  protobuf-7.34.1.tar.gz
 # Locally computed sha256 checksums
 sha256  6e5e117324afd944dcf67f36cf329843bc1a92229a8cd9bb573d7a83130fea7d  LICENSE
diff --git a/package/python-protobuf/python-protobuf.mk b/package/python-protobuf/python-protobuf.mk
index 84a6c3a8a6..3ba1b96514 100644
--- a/package/python-protobuf/python-protobuf.mk
+++ b/package/python-protobuf/python-protobuf.mk
@@ -6,7 +6,7 @@
 
 PYTHON_PROTOBUF_VERSION = $(PROTOBUF_VERSION)
 PYTHON_PROTOBUF_SOURCE = protobuf-7.$(PYTHON_PROTOBUF_VERSION).tar.gz
-PYTHON_PROTOBUF_SITE = https://files.pythonhosted.org/packages/f2/00/04a2ab36b70a52d0356852979e08b44edde0435f2115dc66e25f2100f3ab
+PYTHON_PROTOBUF_SITE = https://files.pythonhosted.org/packages/6b/6b/a0e95cad1ad7cc3f2c6821fcab91671bd5b78bd42afb357bb4765f29bc41
 
 PYTHON_PROTOBUF_LICENSE = BSD-3-Clause
 PYTHON_PROTOBUF_LICENSE_FILES = LICENSE