You need the original HASPUserSetup.exe or Hardlock_Install.exe from your Wilcom 2006 CD or download.
Need help? Professional digitizing forums (like EmbroideryCoach or DigitizingForum) have archived threads specifically for the "Hardlock" driver. Search there for advanced registry tweaks. security device not found wilcom 2006
Plug the dongle into a native Windows XP machine (or your new VM). If it doesn't work there either, the dongle is dead. You need the original HASPUserSetup