diff --git a/library/CMakeLists.txt b/library/CMakeLists.txt
index d08de59..d652157 100644
--- a/library/CMakeLists.txt
+++ b/library/CMakeLists.txt
@@ -274,7 +274,7 @@
 if(USE_SHARED_MBEDTLS_LIBRARY)
     set(CMAKE_LIBRARY_PATH ${CMAKE_CURRENT_BINARY_DIR})
     add_library(${mbedcrypto_target} SHARED ${src_crypto})
-    set_target_properties(${mbedcrypto_target} PROPERTIES VERSION 3.1.0 SOVERSION 11)
+    set_target_properties(${mbedcrypto_target} PROPERTIES VERSION 3.2.0 SOVERSION 12)
     target_link_libraries(${mbedcrypto_target} PUBLIC ${libs})
 
     if(TARGET everest)
@@ -282,11 +282,11 @@
     endif()
 
     add_library(${mbedx509_target} SHARED ${src_x509})
-    set_target_properties(${mbedx509_target} PROPERTIES VERSION 3.1.0 SOVERSION 4)
+    set_target_properties(${mbedx509_target} PROPERTIES VERSION 3.2.0 SOVERSION 4)
     target_link_libraries(${mbedx509_target} PUBLIC ${libs} ${mbedcrypto_target})
 
     add_library(${mbedtls_target} SHARED ${src_tls})
-    set_target_properties(${mbedtls_target} PROPERTIES VERSION 3.1.0 SOVERSION 17)
+    set_target_properties(${mbedtls_target} PROPERTIES VERSION 3.2.0 SOVERSION 18)
     target_link_libraries(${mbedtls_target} PUBLIC ${libs} ${mbedx509_target})
 endif(USE_SHARED_MBEDTLS_LIBRARY)
 
diff --git a/library/Makefile b/library/Makefile
index d267e05..f5ff474 100644
--- a/library/Makefile
+++ b/library/Makefile
@@ -47,9 +47,9 @@
 endif
 endif
 
-SOEXT_TLS=so.17
+SOEXT_TLS=so.18
 SOEXT_X509=so.4
-SOEXT_CRYPTO=so.11
+SOEXT_CRYPTO=so.12
 
 # Set AR_DASH= (empty string) to use an ar implementation that does not accept
 # the - prefix for command line options (e.g. llvm-ar)