That looks as though the raw image is corrupted - have you tried converting it using some other software? If you don't have anything else you could try the free FujiFilm raw conversion software and see if you get the same effect?
If the file is OK and its just X Raw Studio maybe try a different cable - does it happen every time you try the same file?
If you get the same with other software maybe its a card problem? Have you had the same problem with different cards?