Event ID - 7034

Event Id7034
SourceService Control Manager
DescriptionThe service terminated unexpectedly. It has done this time(s).
Event InformationAccording to Microsoft :
Cause :
This event is logged when the service terminated unexpectedly.
Resolution :
Change the recovery actions
To resolve this issue, change the recovery actions that the Service Control Manager (SCM) will take when a service fails.
Note:
To perform this procedure, you must have membership inAdministrators, or you must have been delegated the appropriate authority.
To change the recovery actions for a service:
1.Open theServices snap-in by clicking theStart button,Control Panel, and Administrative Tools, then double-clickingServices.
Note: For Windows Vista, use theClassic View display option inControl Panel to see the Administration Tools.
2.In the details pane of theServices snap-in, right-click on the name of the service you want to stop and select Properties.
3.Click theRecovery tab and specify the recovery actions for the service (for example, restart the service or the computer, take no action, or run a program).
Verify :
To perform this procedure, you must have membership in Administrators, or you must have been delegated the appropriate authority.
To verify that a service has stopped:
1.Open the Services snap-in by clicking theStart button,Control Panel, and Administrative Tools, then double-clicking Services.
2.In the details pane of theServices snap-in, locate the name of the service and verify that the Status column shows a blank status.
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Cause :
The specified service could not continue. This service is configured to report the number of failures and, after a specific number of failures are reported, the Service Control Manager will perform the recovery action configured for the specified service.
Resolution :
view the WIN32_EXIT_CODE error that SCM encountered. To view the error, at the command prompt, type
sc query service name.
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This is a generic event. The actual problem may be related with the service in question and investigate more based on the event from it.
The below given link to Microsoft article may give more information about this event.

Information from newsgroup post:
If you are running GFI MailSecurity and experiencing this problem, see the document "Fix for crash in the MailSecurity virusdef autoupdater
Reference LinksEvent ID 7034 from source Service Control Manager

More information

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Fix for crash in the MailSecurity virusdef autoupdater

Microsoft product: Windows Operating System Version: 5.2 Event Source: Service Control Manager Event ID: 7034

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