diff --git a/network/misc/socat/pspec.xml b/network/misc/socat/pspec.xml
index 9c199b0d95..ca86900d6c 100644
--- a/network/misc/socat/pspec.xml
+++ b/network/misc/socat/pspec.xml
@@ -12,7 +12,7 @@
         <IsA>app:console</IsA>
         <Summary>Multipurpose relay</Summary>
         <Description>Multipurpose relay</Description>
-        <Archive sha1sum="28eca1f8efeadde3f96c1ac89e553c28d736d41d" type="targz">http://www.dest-unreach.org/socat/download/socat-1.7.3.2.tar.gz</Archive>
+        <Archive sha1sum="fe26a674d4fd0207b3b3e48352592fdd07233415" type="tarbz2">http://www.dest-unreach.org/socat/download/socat-1.7.3.4.tar.bz2</Archive>
         <BuildDependencies>
             <Dependency>readline-devel</Dependency>
             <Dependency>openssl-devel</Dependency>
@@ -32,6 +32,13 @@
     </Package>
 
     <History>
+        <Update release="3">
+            <Date>2020-02-23</Date>
+            <Version>1.7.3.4</Version>
+            <Comment>Version bump.</Comment>
+            <Name>İdris Kalp</Name>
+            <Email>idriskalp@gmail.com</Email>
+        </Update>
         <Update release="2">
             <Date>2018-08-15</Date>
             <Version>1.7.3.2</Version>