diff --git a/charts/stable/memcached/Chart.yaml b/charts/stable/memcached/Chart.yaml
index 93b312f23f9..d6cb1b5707c 100644
--- a/charts/stable/memcached/Chart.yaml
+++ b/charts/stable/memcached/Chart.yaml
@@ -37,5 +37,5 @@ sources:
   - https://github.com/bitnami/bitnami-docker-memcached
   - https://github.com/truecharts/charts/tree/master/charts/stable/memcached
 type: application
-version: 16.3.3
+version: 16.3.4
 
diff --git a/charts/stable/memcached/values.yaml b/charts/stable/memcached/values.yaml
index d9ff5fe13a0..5f3c5abb660 100644
--- a/charts/stable/memcached/values.yaml
+++ b/charts/stable/memcached/values.yaml
@@ -1,7 +1,7 @@
 image:
   repository: public.ecr.aws/bitnami/memcached
   pullPolicy: IfNotPresent
-  tag: 1.6.39@sha256:e97caa090917ec6981a71f66fa5c59c29df420d8570159b9ff22f35c68e39bdd
+  tag: 1.6.39@sha256:a1c6e44d399db315f1d2bee45ea3c2113a75e4276ba6b5e9135347d1610d1bcd
 
 service:
   main: