Solution
The security token error can be caused by an issue between Windows and the .NET Framework installer and it is not specific to the NI software, in this case LabVIEW, being used. Trying the following steps can help clearing out the error:
1. Open the Windows Control Panel.
2. Select System and Security>>Administrative Tools.
3. In the list, double-click Component Services.
4. Expand Component Services in the left pane of the window and then expand Computers.
5. Right-click My Computer and select Properties.
6. Go to the Default Properties tab and ensure the Default Authentication Level is set to Connect and Default Impersonation Level is set to Identify.

- Verify the antivirus or firewall software is not blocking the installation of the .NET Framework.