diff --git a/charts/dependency/memcached/Chart.yaml b/charts/dependency/memcached/Chart.yaml
index 7fb9b53ed3d..278428cf7a0 100644
--- a/charts/dependency/memcached/Chart.yaml
+++ b/charts/dependency/memcached/Chart.yaml
@@ -23,7 +23,7 @@ sources:
   - https://github.com/bitnami/bitnami-docker-memcached
   - http://memcached.org/
 type: application
-version: 7.0.2
+version: 7.0.3
 annotations:
   truecharts.org/catagories: |
     - database
diff --git a/charts/dependency/memcached/values.yaml b/charts/dependency/memcached/values.yaml
index 14be47f26c8..9634061039c 100644
--- a/charts/dependency/memcached/values.yaml
+++ b/charts/dependency/memcached/values.yaml
@@ -1,7 +1,7 @@
 image:
   repository: tccr.io/truecharts/memcached
   pullPolicy: IfNotPresent
-  tag: v1.6.21@sha256:912ad5a5d19ac95bc55db73e60b2546b26ca13cd30528fe2e17b08531fe4dbc9
+  tag: v1.6.21@sha256:57c0fdc998f12d548879176628f7310f64ccc84b87760cc1bdc6bb8f9bfce933
 
 service:
   main: