This is a Microsoft Volume Shadow Copy issue. To resolve the issue, please follow the instructions below:
1. Please backup the registry key HKEY_LOCAL_MACHINE\SOFTWARE\Microsoft\EventSystem\{26c409cc-ae86-11d1-b616-00805fc79216}\Subscriptions
2. Remove this registry key along with all its sub-keys 3. Reboot the machine
Although, it is not an official recommendation from Microsoft, this key will get recreated after the machine is restarted.