diff --git a/{{cookiecutter.project_slug}}/requirements/base.txt b/{{cookiecutter.project_slug}}/requirements/base.txt
index b25951562..3d29fe16a 100644
--- a/{{cookiecutter.project_slug}}/requirements/base.txt
+++ b/{{cookiecutter.project_slug}}/requirements/base.txt
@@ -36,7 +36,7 @@ django-allauth==0.35.0
 # from http://www.lfd.uci.edu/~gohlke/pythonlibs/#psycopg
 {% else %}
 # Python-PostgreSQL Database Adapter
-psycopg2==2.7.3.2
+psycopg2==2.7.4
 {%- endif %}
 
 # Unicode slugification