diff --git a/platform/FEATURE_EXPERIMENTAL_API/FEATURE_PSA/TARGET_TFM/TARGET_TFM_LATEST/VERSION.txt b/platform/FEATURE_EXPERIMENTAL_API/FEATURE_PSA/TARGET_TFM/TARGET_TFM_LATEST/VERSION.txt
index e3904faf6bc..7fe09c0c7d6 100644
--- a/platform/FEATURE_EXPERIMENTAL_API/FEATURE_PSA/TARGET_TFM/TARGET_TFM_LATEST/VERSION.txt
+++ b/platform/FEATURE_EXPERIMENTAL_API/FEATURE_PSA/TARGET_TFM/TARGET_TFM_LATEST/VERSION.txt
@@ -1 +1 @@
-f17ce5d3dc6a
+706a1e6db255
diff --git a/targets/TARGET_ARM_SSG/TARGET_MUSCA_S1/tfm_s.axf b/targets/TARGET_ARM_SSG/TARGET_MUSCA_S1/tfm_s.axf
index ecc1cc94788..76bca5b8eeb 100644
Binary files a/targets/TARGET_ARM_SSG/TARGET_MUSCA_S1/tfm_s.axf and b/targets/TARGET_ARM_SSG/TARGET_MUSCA_S1/tfm_s.axf differ
diff --git a/targets/TARGET_ARM_SSG/TARGET_MUSCA_S1/tfm_s.bin b/targets/TARGET_ARM_SSG/TARGET_MUSCA_S1/tfm_s.bin
index 7a661bb32b1..fb92faece52 100644
Binary files a/targets/TARGET_ARM_SSG/TARGET_MUSCA_S1/tfm_s.bin and b/targets/TARGET_ARM_SSG/TARGET_MUSCA_S1/tfm_s.bin differ