You need to go to the installation folder of Picard and replace two old OpenSSL 32-bit DLL files namely libeay32.dll and ssleay32.dll with more recent ones. If you are lazy to compile or look for ones you can take them from the following portable package of taghycardia ( Free MP3 auto tagging utility) as I did , which uses same principle and logic as Picard 1.4.2 https://taghycardia.info/taghycardia.zip
After replacing files (re)start Picard and all should work fine as before.
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