If the software causes issues to your Mac OS X operating system, then I recommend its immediate uninstallation. Since there is no known fix, you could either update it or install a new version or simply remove it.
Open Terminal, then type: sudo mdfind -name "iLaunchHelper". After it lists the path, type sudo rm -rif PATH. This command will wipe everything from your OS X.
Secondly, re-install a new version of the software if you have the possibility.