This is one downside to dongles. I have an ilok with over 60 licenses for audio software/plugins on it and if it dies, i can't do work until i get a new one and start the ZDT ("zero" down time - HA!) recovery process which you have to pay for yearly. Also, not all plugin manufacturers support the ZDT program!
I love that i can carry all my licenses to any recording studio, but if/when it goes down there's potential for drama which i've read many people have had.
Hope you get it sorted quickly Michael!