2474247 - "Failed to decrypt password for ASE" is reported in agent.log - ASE Cockpit

The following error and stack trace are reported to agent.log which is the error log of ASE Cockpit Server.

(Error message sample)

2017-05-11 18:47:25,887 [ERROR] [ase.JDBCConnections   ] [com.sybase.ua.plugins.ase.Heartbeat] - <ase_server_name> - Failed to decrypt password for ASE.
com.sybase.security.SecException: java.security.InvalidAlgorithmParameterException: Parameters missing
 at com.sybase.security.provider.EncryptionTools.decrypt(EncryptionTools.java:354)
 at com.sybase.ua.security.crypto.CryptoTool.decrypt(Unknown Source)        

Or

2017-05-11 20:03:44,841 [ERROR] [ase.JDBCConnections   ] [com.sybase.ua.plugins.ase.Heartbeat] - <ase_server_name> - Failed to decrypt password for ASE.
com.sybase.security.SecException: java.io.IOException: javax.crypto.BadPaddingException: Given final block not properly padded
 at com.sybase.security.provider.EncryptionTools.decrypt(EncryptionTools.java:350)
 at com.sybase.ua.security.crypto.CryptoTool.decrypt(Unknown Source)

• SAP Adaptive Server Enterprise(ASE) 16.0 SP02 or later version
• SAP ASE Cockpit Server 4

ERROR, COCKPIT, InvalidAlgorithmParameterException, BadPaddingException, Heartbeat, JDBCConnections , KBA , BC-SYB-ASE , Sybase ASE Database Platform (non Business Suite) , BC-DB-SYB , Business Suite on Adaptive Server Enterprise , Problem