System update error while installing jumpto

Hello all,
Yesterday I received an error while installing jump to internet security on my system. while installing it I was met with the following error:

The error reads as:
System Update Required
Unable to install or run the application. The application requires
that assembly stdole Version 7.0.3300.0 be
installed in the Global Assembly Cache (GAC) first
can anyone please tell me what should I do to remove the error? I don’t know why am I getting it on my screen every time I start the installation. Your help is required please.
Looking forward to your helpful suggestions
Kindest regards
