http://helpx.adobe.com/x-productkb/multi/troubleshoot-camera-raw-photoshop-photoshop.htmlSolutions
Solution 1: Install the latest version of the Camera Raw plug-in that is compatible with your Adobe application.
Solution 2: Remove and reinstall Photoshop or Photoshop Elements.
Solution 3: Upgrade to the latest version of Photoshop or Photoshop Elements.
Solution 4: Use Adobe DNG Converter 6.5 to convert your camera's raw files into DNG files.
Solution 5: Check for Camera Raw updates that support your camera.
And in that link it looks like they show you how to do each of these solutions. Hope this helps! It sounds confusing a little,