diff --git a/CHANGELOG.md b/CHANGELOG.md
index 79624db0..8653637b 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,11 @@
+## Npcap 1.78 [2023-10-18]
+
+* Fixed a memory leak in Npcap 1.77 which occurs when the kernel buffer is
+  full. Fixes [#701](http://issues.npcap.org/701).
+
+* Correctly handle an allocation failure during out-of-memory condition,
+  avoiding a null pointer dereference. Fixes [#698](http://issues.npcap.org/698).
+
 ## Npcap 1.77 [2023-09-29]
 
 * Fixed a memory leak in Npcap 1.76 only which occurs while capturing traffic
diff --git a/version.h b/version.h
index 07419091..d75aef08 100644
--- a/version.h
+++ b/version.h
@@ -110,11 +110,11 @@
  !define /**/ WINPCAP_MINOR				1
 /* WINPCAP_REV should be less than 256 to fit in UCHAR */
 #define /*
- !define /**/ WINPCAP_REV				77
+ !define /**/ WINPCAP_REV				78
 #define /*
- !define /**/ WINPCAP_BUILD				926
+ !define /**/ WINPCAP_BUILD				1018
 #define /*
- !define /**/ WINPCAP_VER_STRING		"1.77"
+ !define /**/ WINPCAP_VER_STRING		"1.78"
 #define /*
  !define /**/ NPCAP_SDK_VERSION "1.14"