Hi,
We had this same error in a SSIS package using a third-party ODBC driver - related to .Net Framework and variable length strings.
I had to setup redundant Error Redirections on every task to workaround it.
Useful post to help resolve: http://www.sqlmonster.com/Uwe/Forum.aspx/sql-server-dts/12464/DTS-E-INDUCEDTRANSFORMFAILUREONERROR
Cheers,
Matt
MattF