diff --git a/charts/stable/memcached/Chart.yaml b/charts/stable/memcached/Chart.yaml
index 37b497b3cd7..9b7c3ab4267 100644
--- a/charts/stable/memcached/Chart.yaml
+++ b/charts/stable/memcached/Chart.yaml
@@ -40,5 +40,5 @@ sources:
   - https://github.com/trueforge-org/truecharts/tree/master/charts/stable/memcached
   - https://hub.docker.com/r/bitnamisecure/memcached
 type: application
-version: 16.12.2
+version: 16.12.3
 
diff --git a/charts/stable/memcached/values.yaml b/charts/stable/memcached/values.yaml
index 0f26edd9d3a..156d4c7f9ed 100644
--- a/charts/stable/memcached/values.yaml
+++ b/charts/stable/memcached/values.yaml
@@ -1,7 +1,7 @@
 image:
   repository: docker.io/bitnamisecure/memcached
   pullPolicy: IfNotPresent
-  tag: latest@sha256:14df948d9c111eaf7775c6225faf283688a6a59cdf3c6628e5ff507c23779aa9
+  tag: latest@sha256:5129395cd5101713cbcb4fbfdf6dc94b9798e0cad5a55c3d4b4339db3e8675b9
 
 service:
   main: