This update for python-Pillow fixes the following issues:
CVE-2016-9190: Pillow allows context-dependent attackers to execute arbitrary code by using the \'crafted image file\' approach, related to an \'Insecure Sign Extension\' issue affecting the ImagingNew in Storage.c component. (bsc#1008846)
CVE-2016-3076: Heap-based buffer overflow in the j2kencodeentry function allows remote attackers to cause a denial of service (memory corruption) via a crafted Jpeg2000 file. (bsc#973786)