I don't use AOL's antispyware and have not had any update pop-ups from AOL. It seems to me that the advice given is important. The zapper kicks in and I just ignore it as I have my own antispyware progs.
I would uninstall the antispyware, run a reg cleaner and change my log-in details pronto.
Reinstall if you like the program. If you get more pop-ups then I suggest running asquared click here
Spybot s&d, click here
and superantispyware free, click here . This program can also test what you have running on your PC.