diff --git a/ChangeLog b/ChangeLog
index 5ac6bdb..af26d83 100644
--- a/ChangeLog
+++ b/ChangeLog
@@ -1,3 +1,8 @@
+2.4.7
+- Bugfixes
+  - file authenticator: allow password hash of up to 128 characters
+  - libu: don't exit() on malloc errors
+
 2.4.6
 - Features
   - Support large hashes (like SHA512) in file authentication
diff --git a/VERSION.cmake b/VERSION.cmake
index e425f96..c03cc5e 100644
--- a/VERSION.cmake
+++ b/VERSION.cmake
@@ -44,10 +44,10 @@
 #    set COMPATMINOR to MINOR. (binary incompatible change)
 #
 
-# Package version 2.4.6
+# Package version 2.4.7
 SET(OPENWSMAN_MAJOR "2")
 SET(OPENWSMAN_MINOR "4")
-SET(OPENWSMAN_PATCH "6")
+SET(OPENWSMAN_PATCH "7")
 
 # Plugin API 2.2
 SET(OPENWSMAN_PLUGIN_API_MAJOR "2")