There's a Windows Update Show/Hide tool that will let you hide the problematic update:
Download Microsoft Show or Hide Updates Troubleshooter - MajorGeeks
I was able to use it only because I was given temporary admin rights to my work PC. Otherwise I can't even download this file, let alone run it.
Since hiding it, I don't get the error or even see that update try to run anymore. I do get the daily security intelligence updates but am not sure other ones are getting through. Maybe there haven't been any this week (.NET, or other system/quality updates).