I just had this issue -- I updated AVAST antivirus last night.
I put it in passive mode, restarted my machine and it was working again.
EDIT: After going passive, I could launch the game, but could not connect to any servers.
EDIT 2: Uninstalled AVAST as its not as awesome as it was in the past, and I finally have a concrete reason for removing it. Switching to Avira.
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Tasian - 60 Druid
Jahril - Lowbie Monk
<Venerate>
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