Hello again,
After updating to the latest version of Bandicam, the crash still occurred, not initially but it eventually happened. I loaded up bandicam, set the screen recording location, pressed record and it crashed.
After the crash, i can re-launch Bandicam and select the screen region once again but pressing record crashed the software.
Pressing the screenshot button does not crash the software, however, when i press the screenshot button and the border of the selected screen region flashes to signal a screenshot has been taken, nothing happens and no screenshot is saved to the output folder. So after a crash, taking screenshots appears to not work also.