diff --git a/package/imagemagick/imagemagick.hash b/package/imagemagick/imagemagick.hash
index 9d5a39567e..09bfb2a2e9 100644
--- a/package/imagemagick/imagemagick.hash
+++ b/package/imagemagick/imagemagick.hash
@@ -1,3 +1,3 @@
 # Locally computed
-sha256 e7c1b19923bb97ed456c78b63b3259b809ebc8e3967c6d086450370c67eedf06  7.0.7-39.tar.gz
-sha256 2318cc05bbd2c25c1b2d13af1aadccc45b9cf6f94757421ae59a3c8ea9064f1c  LICENSE
+sha256 94866968a447f8f92a969bf5342d612d05a64c71fc75e63bb2d8ecf887dc7fa2  7.0.8-27.tar.gz
+sha256 5b47db932754743460eba7a226aea85b63e3408d3c7affb4d0117f70c9594ded  LICENSE
diff --git a/package/imagemagick/imagemagick.mk b/package/imagemagick/imagemagick.mk
index 7678980582..b5d0d56284 100644
--- a/package/imagemagick/imagemagick.mk
+++ b/package/imagemagick/imagemagick.mk
@@ -4,7 +4,7 @@
 #
 ################################################################################
 
-IMAGEMAGICK_VERSION = 7.0.7-39
+IMAGEMAGICK_VERSION = 7.0.8-27
 IMAGEMAGICK_SOURCE = $(IMAGEMAGICK_VERSION).tar.gz
 IMAGEMAGICK_SITE = https://github.com/ImageMagick/ImageMagick/archive
 IMAGEMAGICK_LICENSE = Apache-2.0