diff --git a/package/strace/strace.hash b/package/strace/strace.hash
index 8df107c9486..0be750c96bc 100644
--- a/package/strace/strace.hash
+++ b/package/strace/strace.hash
@@ -1,5 +1,5 @@
-# From https://github.com/strace/strace/releases/tag/v7.1
-sha256  81743ecf2a5b44186b2f5038afdc8beda7e5c70aed15b4fbfbcc6e9ece24490f  strace-7.1.tar.xz
+# From https://github.com/strace/strace/releases/tag/v7.2
+sha256  4bde6246926890dcee824f6e6ac42a06752f47d77e5097d86e3c0d6d4b709fe5  strace-7.2.tar.xz
 # Locally computed
 sha256  b897cf6bb865cdd72f49fba6ca7b66ad075b9bc51d3cf372923220ce18b5350f  COPYING
 sha256  7c379436436a562834aa7d2f5dcae1f80a25230fa74201046ca1fba4367d39aa  LGPL-2.1-or-later
diff --git a/package/strace/strace.mk b/package/strace/strace.mk
index a0688939cac..9634a6d02be 100644
--- a/package/strace/strace.mk
+++ b/package/strace/strace.mk
@@ -4,7 +4,7 @@
 #
 ################################################################################
 
-STRACE_VERSION = 7.1
+STRACE_VERSION = 7.2
 STRACE_SOURCE = strace-$(STRACE_VERSION).tar.xz
 STRACE_SITE = https://github.com/strace/strace/releases/download/v$(STRACE_VERSION)
 STRACE_LICENSE = LGPL-2.1+
diff --git a/package/valgrind/valgrind.hash b/package/valgrind/valgrind.hash
index 8e62256b9c3..4cf58d0db38 100644
--- a/package/valgrind/valgrind.hash
+++ b/package/valgrind/valgrind.hash
@@ -1,7 +1,7 @@
 # From https://valgrind.org/downloads/current.html
-sha1  c32f135761724db05f018fff67e06c4edf328770  valgrind-3.26.0.tar.bz2
+sha1  0b113f5c80d34743195b78651c2520901ba630cf  valgrind-3.27.1.tar.bz2
 # locally computed
-sha256  8d54c717029106f1644aadaf802ab9692e53d93dd015cbd19e74190eba616bd7  valgrind-3.26.0.tar.bz2
+sha256  5d589152eb8071c02feab8ce6ab719e431a1fbc3e2b1700f5432632a8b9264dc  valgrind-3.27.1.tar.bz2
 
 # License files
 sha256  3972dc9744f6499f0f9b2dbf76696f2ae7ad8af9b23dde66d6af86c9dfb36986  COPYING
diff --git a/package/valgrind/valgrind.mk b/package/valgrind/valgrind.mk
index dc8d73b943e..6dca6252d91 100644
--- a/package/valgrind/valgrind.mk
+++ b/package/valgrind/valgrind.mk
@@ -4,7 +4,7 @@
 #
 ################################################################################
 
-VALGRIND_VERSION = 3.26.0
+VALGRIND_VERSION = 3.27.1
 VALGRIND_SITE = https://sourceware.org/pub/valgrind
 VALGRIND_SOURCE = valgrind-$(VALGRIND_VERSION).tar.bz2
 VALGRIND_LICENSE = GPL-3.0+, GFDL-1.2