2627508 - "Illegal key size" error with OTP logon module

You have recently performed an upgrade to your NetWeaver JAVA Stack and after this upgrade your OTP Logon is no longer working as required and you are receiving the below error:

Timestamp#+0100#Error#com.sap.security.sso.authlib.otp.authenticator#
#BC-IAM-SSO-OTP#sap.com/sso~otp~ear#Log-ID#sap.com/sso~otp~ear#com.sap.security.sso.authlib.otp.authenticator
Unable to generate response
[EXCEPTION]
java.security.InvalidKeyException: Illegal key size
        at javax.crypto.Cipher.checkCryptoPerm(Cipher.java:###)
        at javax.crypto.Cipher.implInit(Cipher.java:###)
        at javax.crypto.Cipher.chooseProvider(Cipher.java:###)
        at javax.crypto.Cipher.init(Cipher.java:###)
        at javax.crypto.Cipher.init(Cipher.java:###)
        at com.sap.security.sso.otp.authenticator.lib.objects.EncryptedOTPKey.<init>(EncryptedOTPKey.java:##)
        at com.sap.security.sso.otp.authenticator.impl.rest.SetupServlet.process(SetupServlet.java:##)
        at com.sap.security.sso.otp.authenticator.impl.rest.SetupServlet.doPost(SetupServlet.java:##'')

• Release Independent
• SAP NetWeaver Java

OTP, One Time Password, One-time Password, Illegal Key Size, Illegal Key-Size, JCE, Unlimited Policy Files, com.sap.security.sso.authlib.otp.authenticator, BC-IAM-SSO-OTP, Unable to generate response. , KBA , BC-IAM-SSO-OTP , One-Time Passwords and Access Policies , BC-JAS-SEC-AUT , ACLs, J2EE Roles, UME Actions , Problem