The updated packages fix several security vulnerabilities:
A flaw was found in the way libarchive handled hardlink archive entries of non-zero size. Combined with flaws in libarchive's file system sandboxing, this issue could cause an application using libarchive to overwrite arbitrary files with arbitrary data from the archive. (CVE-2016-5418, issues #745 and #746)
Very long pathnames evade symlink checks (issue#744)
sizet underflow leading to out of bounds heap read in processextra() / archivereadsupportformatzip.c (issue#770)
stack-based buffer overflow in bsdtarexpandchar (util.c) (issue#767)
libarchive can compress, but cannot decompress zip some files (issue#748)
hang in tar parser (issue#731)
Out of bounds read in mtree parser (issue#747)
heap-based buffer overflow in readHeader (archivereadsupportformat_7zip.c) (issue#761)