diff --git a/changelog.md b/changelog.md
index f5b3808..9d61672 100644
--- a/changelog.md
+++ b/changelog.md
@@ -5,6 +5,7 @@
 - Fixed packaging error on Windows when the Conan cache path contains spaces.
 - Fixed Python include dirs being added twice (didn't cause any issues, just noise on the command line).
 - Fixed `openssl` v3 mistakenly being enabled for Python 3.10. While 3.10 has preliminary support for `openssl` v3, Python 3.11 is the real minimum requirement for full support.
+- Bumped default `openssl` to 1.1.1w for Python < 3.11 and v3.1.2 for Python >= 3.11.
 
 ## v1.8.0 | 2023-07-12
 
diff --git a/core/conanfile.py b/core/conanfile.py
index f401f81..414389e 100644
--- a/core/conanfile.py
+++ b/core/conanfile.py
@@ -62,13 +62,10 @@ def requirements(self):
             else:
                 self.requires("mpdecimal/2.5.0")
 
-        # `openssl` v3.1.1 is no-go for macOS ARM: https://github.com/openssl/openssl/issues/20753
-        # The fix will be in v3.1.2: https://github.com/openssl/openssl/pull/21261
-        # Go with v3.0.8 until this is resolved.
         if self.pyversion >= scm.Version("3.11.0"):
-            self.requires("openssl/3.0.8")
+            self.requires("openssl/3.1.2")
         else:
-            self.requires("openssl/1.1.1u")
+            self.requires("openssl/1.1.1w")
 
     @property
     def pyversion(self):