Updated article 17.10.2016:
This is just a short note that you should be careful installing the October 2016 cumulative Windows updates KB3194798/3192392/3185330/3185331 on Windows Server releases from 2008R2 up tp 2016 and Windows client releases from 7 up to 10 with the SCOM 2012/2012R2/2016 console installed on it.
It might happen (in fact it will most certainly) that the console crashes regularly after the Patch installation.
Update 28.10.2016 7:00 am (CET):
The hotfix was also applied to the latest cumulative update for Windows 10 and Windows Server 2016:
For Windows 10 RTM: https://support.microsoft.com/en-us/kb/3199125
For Windows 10 version 1511: https://support.microsoft.com/en-us/kb/3200068
For Windows 10 version 1607 and Windows Server 2016: https://support.microsoft.com/en-us/kb/3197954
These hotfixes are available via Windows Update.
Update 19.10.2016 7:00 am (CET):
The product group released a hotfix for this issue: https://support.microsoft.com/en-us/kb/3200006. I have successfully tested it so far for Windows 2012R2 and SCOM 2012R2.
All credits and thank's to my colleague Mihai Sarbulescu for finding this issue!