This indicates an attack attempt to exploit an Insecure Library Loading vulnerability in Corel Painter.
The vulnerability is due to an improper search path in the application leading to insecure loading of wacommt.dll file. An attacker can exploit this by tricking an unsuspecting user into opening a file from a directory and execute arbitrary code within the context of the application.
Corel Painter 2015
System Compromise: Remote attackers can gain control of vulnerable systems.
Currently we are unaware of any vendor supplied patch or updates available for this issue.