diff --git a/srcpkgs/protobuf23/template b/srcpkgs/protobuf23/template
index 22a58a5a7e5..38b070a6ed5 100644
--- a/srcpkgs/protobuf23/template
+++ b/srcpkgs/protobuf23/template
@@ -1,6 +1,6 @@
 # Template file for 'protobuf23'
 pkgname=protobuf23
-version=3.12.1
+version=3.12.3
 revision=1
 wrksrc="protobuf-${version}"
 build_style=gnu-configure
@@ -12,7 +12,7 @@ license="BSD-3-Clause"
 homepage="https://developers.google.com/protocol-buffers/"
 changelog="https://raw.githubusercontent.com/google/protobuf/master/CHANGES.txt"
 distfiles="https://github.com/protocolbuffers/protobuf/archive/v${version}.tar.gz"
-checksum=cb9b3f9d625b5739a358268eb3421de11cacd90025f5f7672c3930553eca810e
+checksum=71030a04aedf9f612d2991c1c552317038c3c5a2b578ac4745267a45e7037c29
 
 # Switch to versioned package
 replaces="protobuf<=3.11.4_1"