Your program version is out of date.

[CherokeeJon]

I have premium installed. Version 2.0.1.1004 Database version v2014.060.6.06. Malware is telling my version is outdated and there is an "Install Now" button active. When I try the install now I get an error message that I need to log-on as admin. I am already logged-on as admin. Is my version out of date? Is there some glitch?.

[Maurice Naggar]

Hello CherokeeJon and welcome to Malwarebytes.

 

Could you please logoff and restart Windows.  Then try just once more.

But this time, assuming you are on Vista / win7 / win8 then do a Right-click on the shortcut for Malwarebytes and then select Run as Administrator and then do your Update run.

 

Let me know.

[CherokeeJon]

I have not restarted yet, but I tried to run as admin. No luck. I'll restart and log back on. BTW I'm runnung Win 8

[Maurice Naggar]

On Windows 8 you can do a press of Windows-key and then press I key and then select Restart.

 

If still no joy after the reboot, then I would recommend a upgrade in place like this.

Next Download & SAVE  to the DESKTOP   the latest version of Malwarebytes' Anti-Malware from http://downloads.malwarebytes.org/file/mbam
        
Run the mbam-setup.  IF your Windows is Vista / Windows 7 / 8, then do a Right-click on mbam-setup.exe and select Run as Administrator and allow to run.
 

[CherokeeJon]

Restart worked. Thank you. I now have 2.0.2.1012 with Db v2014.06.06.07

[Maurice Naggar]

Awesome.   

 

Suggestions, now.

 

Take a look inside the program. Start the Anti-Malware. Click on the Settings icon at the top bar up at top.
Then click the **Advanced Settings** button at the left.
Be sure all top 3 lines on that window are check-marked ( selected ).

Now a couple of changes for each of the Update task & the Threat scan task in the Scheduler.
Click on **Automated Scheduling** button.

Locate and click once on **Check for Updates** line and press Edit. Then press the Advanced button at bottom left.
Slide the window up so you can see all of it. {press the mouse on the very top bar and slide UP }
 
Look at the "starting time" of the task and use some good time when you know that your computer will be on & powered & that Windows would be on at that time.
Look at the line in Schedule Options. UN-check "Show notification after successful update".

In the Frequency and Settings. Select Hourly and I suggest using the Recurrence at 4 hours.
In the Recovery Options put a check-mark on "Recover missed tasks" and select 1 hour
When done, press the OK button.

Locate and click once on the Threat Scan line and press Edit.Then press the Advanced button at bottom left.
Slide the window up so you can see all of it. {press the mouse on the very top bar and slide UP }
 
In the Schedule Options, put a check-mark on the line Terminate program when no threats are found
{when no malwares are detected you want the scheduled task to close}.

In the Frequency and Settings block.
You should have Daily and the recurrence set to 1 day.
now UN-check the line Check for updates before scanning {{that line should be always off otherwise the task may not run at the time set. It maybe run +/- 15 minutes of that period.}

In the Recovery Options put a check-mark on "Recover missed tasks" and select 1 hour
When done, press the OK button.

When completely done, close the window.

A fresh Windows start would be good to do at this point. Use Logoff and Restart Windows.