Security Alert in NIS

I have an error message that is popping up regularly.

Security Alert (Norton Premium Services & One Click Support Player is not responding)

Windows gives me a few methods of "solving" the problem, but I'm not sure what is happening or how to properly stop it.

The "details" read:

Description:
  A problem caused this program to stop interacting with Windows.

Problem signature:
  Problem Event Name:    AppHangB1
  Application Name:    hsplayer.exe
  Application Version:    10.5.0.5
  Application Timestamp:    4b0ae2d2
  Hang Signature:    77b1
  Hang Type:    4
  OS Version:    6.1.7601.2.1.0.768.3
  Locale ID:    1033
  Additional Hang Signature 1:    77b1a73db21cda3cc05b8e40057545b3
  Additional Hang Signature 2:    74ad
  Additional Hang Signature 3:    74ad54bbb5081528a801b224fb50e95b
  Additional Hang Signature 4:    89c0
  Additional Hang Signature 5:    89c0672459ca555ec7061f336293a48b
  Additional Hang Signature 6:    d9d3
  Additional Hang Signature 7:    d9d33fddb38b1ed50782e7076daba531

Read our privacy statement online:
  http://go.microsoft.com/fwlink/?linkid=104288&clcid=0x0409

If the online privacy statement is not available, please read our privacy statement offline:
  C:\windows\system32\en-US\erofflps.txt

Any idea what is happening, why, if it's serious, and what I can do to get this to stop?