diff --git a/net/cloudflared/Makefile b/net/cloudflared/Makefile
index 5580eae20..480c54f37 100644
--- a/net/cloudflared/Makefile
+++ b/net/cloudflared/Makefile
@@ -5,12 +5,12 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=cloudflared
-PKG_VERSION:=2023.7.3
+PKG_VERSION:=2024.1.2
 PKG_RELEASE:=1
 
 PKG_SOURCE:=$(PKG_NAME)-$(PKG_VERSION).tar.gz
 PKG_SOURCE_URL:=https://codeload.github.com/cloudflare/cloudflared/tar.gz/$(PKG_VERSION)?
-PKG_HASH:=772ddcb721f5b479192117d1156b1091505721aa81d6bab3de9577176b930191
+PKG_HASH:=244455f69a9575fbf8f7a818eb71ebcb6a06182b5f3e1a757174418a3e08e1e9
 
 PKG_LICENSE:=Apache-2.0
 PKG_LICENSE_FILES:=LICENSE