I finally solved the BSOD problem that KB2862330 was causing on my PC. This is how I did it.
I couldn't find out what was causing the BSOD because my PC kept getting a BSOD after every restart, an endless loop, so I couldn't get the minidump for analysis.
I installed KB2862330 again and of course I got the BSOD. But this time I booted the PC at restart with a WinPE boot disk and inside the WinPE environment I was able to navigate into C:\Windows\Minidump and snag the .dmp file. I copied it to a
USB flash drive and then copied to my HP laptop (which strangely enough did not get a BSOD after installing KB2862330) and used BlueScreenView to analyze it.
BlueScreenView stated the BSOD was caused by Driver: hcmon.sys, Address : hcmon.sys+2f4d. I did some research on it and it turns out that hcmon.sys is the VMware USB monitor which is used by VMware Player to detect changes in host USB ports.
It is a kernel mode driver that is configured to run when Windows starts. I have VMware Workstation installed on my PC but not on my laptop.
Apparently when KB2862330 is installing and at the same time
hcmon.sys is loading, they somehow conflict with each other.
I did a disk image restore of my hard drive, used Autoruns to disable
hcmon.sys from auto running when Windows starts, installed KB2862330 and this time it installed successfully, no BSOD. Then I re-enabled
hcmon.sys in Autoruns, restarted the PC again and all went well. VMware even works normally with USB support.
In conclusion, the KB2862330 installation causes problems when certain drivers are loaded at the same time the patch is installing. It's a matter of finding out exactly which driver it is and disabling it from running when Windows starts, then re-enabling
again after KB2862330 is installed.