I am not a PC expert and I am not familiar with Win8.
To try to resolve this on Win7 I would try the following (and I hope and expect that it is applicable to Win8)
The error can be caused by a program not having access to a file (such as a DLL which are small files shared by multiple programs) that it needs so:
1.Create a system restore point - Click the Start button + right-click Computer + click Properties.
In the left pane, click System protection. Type Administrator password or provide confirmation if requested
Click the System Protection tab, and then click Create.
In the System Protection dialog box, type a description, and then click Create.
If anything goes wrong we can restore the PC
2.Open the command prompt by clicking start + click Run and in the Command Prompt screen type sfc /scannow (there is a space between c and /)
Type the Administrator password if requested, or click Allow.
The sfc /scannow command scans all protected system files and replaces incorrect versions with correct Microsoft versions.
If it finds anything run SFC again until it does not find anything - it should give you a message saying something to the effect that it cannot correct any files
3.The error could be caused by another program interfering with the game - antivirus, antimalware and firewalls would be a good example.
Try disabling these programs (excluding the game from scanning in the security program should work also) and then starting your game. If the error has gone it will simply be a case of starting one security program at a time and then starting your game to determine which security program is at fault.
If this does not work then performing a clean boot may help to locate what program is interfering.
To perform a clean boot have a look at https://support.microsoft.com/kb/929135
Once you have clean booted start you game - if it works then it looks like it is a software conflict.
The next step is to perform another clean boot and add start up programs one by one and then start the game until you get your error message.
Once the error returns you know what program is interfering - re-installing it should this program should fix the issue with your game
Anyway..I hope this helps and good luck