I'm not familiar with your software, but its probably like most and will allow you to change capture settings to match your tape.
Most likely, your tape is drop-frame, so your settings should also be set to drop-frame. Note that there is more than one "drop frame" setting in many NLEs - choose the NTSC standard) It this is the case and you're getting this error, you merely have a computer hiccup. Happens sometimes.
First, I'd turn off the camera, shut down my capture window and start over. If you get the same error, reboot. If it persists, try another tape. It is probably possible to damage the camera with static electricity zapping the firewire connector. Let's hope this isn't what happened.