diff --git a/pkgs/development/python-modules/snowflake-connector-python/default.nix b/pkgs/development/python-modules/snowflake-connector-python/default.nix
index 77bc5b2cd152..8b1b0407477b 100644
--- a/pkgs/development/python-modules/snowflake-connector-python/default.nix
+++ b/pkgs/development/python-modules/snowflake-connector-python/default.nix
@@ -30,7 +30,7 @@
 
 buildPythonPackage rec {
   pname = "snowflake-connector-python";
-  version = "3.12.0";
+  version = "3.12.1";
   pyproject = true;
 
   disabled = pythonOlder "3.8";
@@ -38,7 +38,7 @@ buildPythonPackage rec {
   src = fetchPypi {
     pname = "snowflake_connector_python";
     inherit version;
-    hash = "sha256-Mg4Lb4zYVW4ZyLhySckxcAI4spWDE6/HozEI1n2ofYI=";
+    hash = "sha256-5Dt9S0SI7Nl7W/YlOcxQLX6E2CFcVH6utN2SjAtyErk=";
   };
 
   build-system = [