Can't play Battlefield 3 due to PunkBuster error since update to

I just updated my Windows 8 to Windows 8.1 and now I can't play Battlefield 3. When I attempt to play in a multiplayer server, I get kicked immediately, the game quits and I get the following erro

BF3 [FIX] Game disconnected: you were kicked by PunkBuster. This

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How To: Fix Punkbuster Error for Battlefield 3 (or any other game

Seriously, what the fuck is punkbuster doing? Why won't it allow

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Battlefield 3 (1238820) · Issue #3972 · ValveSoftware/Proton · GitHub