diff --git a/package.json b/package.json
index 81c4b594b2..54b725a416 100644
--- a/package.json
+++ b/package.json
@@ -125,7 +125,7 @@
     "@babel/preset-typescript": "^7.12.7",
     "@babel/register": "^7.12.10",
     "@babel/traverse": "^7.12.12",
-    "@matrix-org/olm": "https://gitlab.matrix.org/api/v4/projects/27/packages/npm/@matrix-org/olm/-/@matrix-org/olm-3.2.3.tgz",
+    "@matrix-org/olm": "https://gitlab.matrix.org/api/v4/projects/27/packages/npm/@matrix-org/olm/-/@matrix-org/olm-3.2.8.tgz",
     "@peculiar/webcrypto": "^1.1.4",
     "@sentry/types": "^6.10.0",
     "@sinonjs/fake-timers": "^7.0.2",
diff --git a/yarn.lock b/yarn.lock
index 49c8bb2403..6053979047 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -1306,9 +1306,9 @@
     "@types/yargs" "^15.0.0"
     chalk "^4.0.0"
 
-"@matrix-org/olm@https://gitlab.matrix.org/api/v4/projects/27/packages/npm/@matrix-org/olm/-/@matrix-org/olm-3.2.3.tgz":
-  version "3.2.3"
-  resolved "https://gitlab.matrix.org/api/v4/projects/27/packages/npm/@matrix-org/olm/-/@matrix-org/olm-3.2.3.tgz#cc332fdd25c08ef0e40f4d33fc3f822a0f98b6f4"
+"@matrix-org/olm@https://gitlab.matrix.org/api/v4/projects/27/packages/npm/@matrix-org/olm/-/@matrix-org/olm-3.2.8.tgz":
+  version "3.2.8"
+  resolved "https://gitlab.matrix.org/api/v4/projects/27/packages/npm/@matrix-org/olm/-/@matrix-org/olm-3.2.8.tgz#8d53636d045e1776e2a2ec6613e57330dd9ce856"
 
 "@nicolo-ribaudo/chokidar-2@2.1.8-no-fsevents.3":
   version "2.1.8-no-fsevents.3"