When an application requires a physical dongle to run, the driver acts as a translator. Without the correct version—such as 1.33—the software cannot "see" the license stored on the purple or black USB key, resulting in "Dongle not found" errors.
: Often appears in Device Manager under "Universal Serial Bus controllers" or "Other devices" when the hardware is first plugged in. Compatibility and Modern Windows Where can I download HASP4 drivers? - Vicon hasp4 usb 1.33 driver