It's quite a sad story, when people working in Microsoft used to be the experts of all experts on Windows, and at the present moment people from outside know Windows better... It seems like the only people left in there are maintainers...
Microsoft last patched the tool by manually patching the binary executable. It seems like they don't have the source code for the tool anymore. There was also a long string of vulnerabilities in the tool, which seems to have stopped being updated at source level somewhere around 2000 based on the copyright in the screenshot.
MS should write an alternative to the tool (and I believe they have done so at some point in modern versions of Office), but removing this piece of abandonware was the right call.
MS should write an alternative to the tool (and I believe they have done so at some point in modern versions of Office), but removing this piece of abandonware was the right call.