diff --git a/pkgs/development/python-modules/s3transfer/default.nix b/pkgs/development/python-modules/s3transfer/default.nix
index dcf80fc53d4e..aeeb7a3ab1aa 100644
--- a/pkgs/development/python-modules/s3transfer/default.nix
+++ b/pkgs/development/python-modules/s3transfer/default.nix
@@ -11,7 +11,7 @@
 
 buildPythonPackage rec {
   pname = "s3transfer";
-  version = "0.11.2";
+  version = "0.12.0";
   pyproject = true;
 
   disabled = pythonOlder "3.8";
@@ -20,7 +20,7 @@ buildPythonPackage rec {
     owner = "boto";
     repo = "s3transfer";
     tag = version;
-    hash = "sha256-59uyCgormgRX1JnOUtZv6wRXQiy5CvM/2sSzSC3h1Rc=";
+    hash = "sha256-CCsZUQHP/DsRozynbDeVOuAXjRAy+klaPGVJY3h/FAs=";
   };
 
   build-system = [