diff --git a/pkgs/development/python-modules/minio/default.nix b/pkgs/development/python-modules/minio/default.nix
index a036521a30e2..e76ffe0c8090 100644
--- a/pkgs/development/python-modules/minio/default.nix
+++ b/pkgs/development/python-modules/minio/default.nix
@@ -16,7 +16,7 @@
 
 buildPythonPackage rec {
   pname = "minio";
-  version = "7.1.15";
+  version = "7.1.16";
   format = "setuptools";
 
   disabled = pythonOlder "3.7";
@@ -25,7 +25,7 @@ buildPythonPackage rec {
     owner = "minio";
     repo = "minio-py";
     rev = "refs/tags/${version}";
-    hash = "sha256-eqQPOMEJOTdvYHaQ+ty+bDJn4/S5KnUOtF42O1wc+mw=";
+    hash = "sha256-avGCAaqP2gLlrLDFzUJZW/KaT2lrueVjgsAJSk1eyX0=";
   };
 
   propagatedBuildInputs = [