diff --git a/CHANGELOG.rst b/CHANGELOG.rst
index ace84fd39..22c5314da 100644
--- a/CHANGELOG.rst
+++ b/CHANGELOG.rst
@@ -3,7 +3,12 @@
 0.62.0
 ------
 
+Internal Changes
+~~~~~~~~~~~~~~~~
+
+**Improvements**
 
+* **Infrastructure Components**: ``redis`` has been upgraded from version ``7.0.7`` to ``7.4.1``
 
 0.61.0
 ------
diff --git a/helm-chart/renku/requirements.yaml b/helm-chart/renku/requirements.yaml
index 0de1c1460..d727c9e5a 100644
--- a/helm-chart/renku/requirements.yaml
+++ b/helm-chart/renku/requirements.yaml
@@ -15,7 +15,7 @@ dependencies:
     # bitnami claims that this will always contain a full set of charts - let us pray...
     # this index was 19MB as of the date of this commit and contained redis 17.4.2
     repository: "https://raw.githubusercontent.com/bitnami/charts/archive-full-index/bitnami"
-    version: 17.4.2
+    version: 20.3.0
     condition: redis.install
   - name: renku-jena
     version: "0.0.25"