diff --git a/CMakeLists.txt b/CMakeLists.txt
index ec55d258..528d7e46 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -18,7 +18,7 @@ cmake_minimum_required(VERSION 3.1)
 project(ZNC VERSION 1.7.4)
 set(ZNC_VERSION 1.7.4)
 set(append_git_version false)
-set(alpha_version "-rc1") # e.g. "-rc1"
+set(alpha_version "") # e.g. "-rc1"
 set(VERSION_EXTRA "" CACHE STRING
 	"Additional string appended to version, e.g. to mark distribution")
 
diff --git a/ChangeLog.md b/ChangeLog.md
index de4156b8..0ab7ffa8 100644
--- a/ChangeLog.md
+++ b/ChangeLog.md
@@ -1,3 +1,14 @@
+# ZNC 1.7.4 (2019-06-19)
+
+## Fixes
+* This is a security release to fix CVE-2019-12816 (remote code execution by existing non-admin users). Thanks to Jeriko One for the bugreport.
+* Send "Connected!" messages to client to the correct nick.
+
+# Internal
+* Increase znc-buildmod timeout in the test.
+
+
+
 # ZNC 1.7.3 (2019-03-30)
 
 ## Fixes
diff --git a/configure.ac b/configure.ac
index a65fe100..4277d188 100644
--- a/configure.ac
+++ b/configure.ac
@@ -7,7 +7,7 @@ AC_DEFUN([AC_PROG_CC], [m4_errprint(__file__:__line__[: Something is trying to u
 dnl Needed for AC_PATH_PROGS_FEATURE_CHECK which was added in 2.62
 AC_PREREQ([2.62])
 dnl Keep the version number in sync with version.h!
-AC_INIT([znc], [1.7.4-rc1])
+AC_INIT([znc], [1.7.4])
 LIBZNC_VERSION=1.7.4
 AC_CONFIG_MACRO_DIR([m4])
 AC_CONFIG_SRCDIR([src/znc.cpp])