Can't play Battlefield 3 due to PunkBuster error since update to

I just updated my Windows 8 to Windows 8.1 and now I can't play Battlefield 3. When I attempt to play in a multiplayer server, I get kicked immediately, the game quits and I get the following erro

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Can't play Battlefield 3 due to PunkBuster error since update to

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Cannot play Battlefield 3 on EA Desktop app. This is what I get