If MalwareBytes are not going to fix this problem immediately please consider doing the right thing and emailing an alert advising people of the problem and the temporary workaround.
I, like I imagine others will, spent several hours trying to get critical processes running again that had a big impact on the business, reinstalling Office, trying to isolate the problem, eventually uninstalling the update, posting on forums (which in my case pointed me at MalwareBytes being the culprit).
Having now reinstalled the update, another hour, the workaround worked, it would have been good to know, saved a lot of time and made a problem a bit on a non-problem.