The driver that appears to cause the crash is the ArcSec.sys :
BugCheck 50, {ffffe10ca30524e8, 0, fffff80121f46d15, 2}
*** WARNING: Unable to verify timestamp for ArcSec.sys
Could not read faulting driver name
Probably caused by : ArcSec.sys ( ArcSec+6d15 )
The ArcSec.sys is a ArcSoft driver.
Can you uninstall any ArcSoft software such as TotalMedia Theatre and then try the update again.
If no Arcsoft software is installed post back.