Delete the file or mark it as corrupt so that the parser doesn't keep trying to read it, and send some telemetry back to CS to indicate there is a problem with

Delete the file or mark it as corrupt so that the parser doesn't keep trying to read it, and send some telemetry back to CS to indicate there is a problem with the one of the channel files. It doesn't seem very complicated at all. There are plenty of options in between "catastrophically crash the OS" and "silently disable the entire product".