eFRM/xPert throws error in System.Security.Cryptography.SymmetricAlgorithm.Create()

The following error occurs when launching eFRM or xPert:

Inner Exception: mscorlib, Exception has been thrown by the target of an invocation.

at System.RuntimeMethodHandle.InvokeMethod(Object target, Object[] arguments, Signature sig, Boolean constructor)

at System.Reflection.RuntimeConstructorInfo.Invoke(BindingFlags invokeAttr, Binder binder, Object[] parameters, CultureInfo culture)

at System.Security.Cryptography.CryptoConfig.CreateFromName(String name, Object[] args)

at System.Security.Cryptography.SymmetricAlgorithm.Create()

at Cryptography.Encryption.EncryptStringToString(String inData)

at LoaderModule.ViewModels.LoaderModuleViewModel.WriteLastLogonToAppInfo(String LogonID, String Password)

at LoaderModule.ViewModels.LoaderModuleViewModel.btnLogon_Click()

Launch the Group Policy Editor (gpedit.msc) and change the Security Setting to Disabled: