diff --git a/stable/neo4j/Chart.yaml b/stable/neo4j/Chart.yaml
index d6bb95a32d..09c38ddec6 100644
--- a/stable/neo4j/Chart.yaml
+++ b/stable/neo4j/Chart.yaml
@@ -1,7 +1,7 @@
 name: neo4j
 home: https://www.neo4j.com
-version: 0.7.3
-appVersion: 3.3.4
+version: 0.8.0
+appVersion: 3.4.5
 description: Neo4j is the world's leading graph database
 icon: http://info.neo4j.com/rs/773-GON-065/images/neo4j_logo.png
 sources:
diff --git a/stable/neo4j/templates/core-statefulset.yaml b/stable/neo4j/templates/core-statefulset.yaml
index d63e3eb69c..0578e5418c 100644
--- a/stable/neo4j/templates/core-statefulset.yaml
+++ b/stable/neo4j/templates/core-statefulset.yaml
@@ -73,8 +73,6 @@ spec:
           name: browser
         - containerPort: 7687
           name: bolt
-        securityContext:
-          privileged: true
         volumeMounts:
         - name: datadir
           mountPath: "{{ .Values.core.persistentVolume.mountPath }}"
diff --git a/stable/neo4j/templates/readreplicas-deployment.yaml b/stable/neo4j/templates/readreplicas-deployment.yaml
index 49dd78f871..96656b75c7 100644
--- a/stable/neo4j/templates/readreplicas-deployment.yaml
+++ b/stable/neo4j/templates/readreplicas-deployment.yaml
@@ -66,8 +66,6 @@ spec:
         volumeMounts:
         - name: plugins
           mountPath: /plugins
-        securityContext:
-          privileged: true
 {{- if .Values.core.sidecarContainers }}
 {{ toYaml .Values.core.sidecarContainers | indent 6 }}
 {{- end }}
diff --git a/stable/neo4j/values.yaml b/stable/neo4j/values.yaml
index efbebd73ed..aedcfd426d 100644
--- a/stable/neo4j/values.yaml
+++ b/stable/neo4j/values.yaml
@@ -7,7 +7,7 @@ name: "neo4j"
 
 # Specs for the Neo4j docker image
 image: "neo4j"
-imageTag: "3.3.4-enterprise"
+imageTag: "3.4.5-enterprise"
 imagePullPolicy: "IfNotPresent"
 # imagePullSecret: registry-secret
 acceptLicenseAgreement: "no"