3012931 - An error occurred while reading the destination

Accessing the SAP NetWeaver Administrator (NWA) destinations tab fails with the below error:
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An error occurred while reading the destination <destination name>, type <destination type>. The error was Internal error during the decryption process.
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Screenshot of the issue:

• Release Independent
• SAP NetWeaver

Production ABAP R/3 ERP SRM CRM ERP PPM SEM APO XI PI PORTAL Test development key phrase server0 std_server0.out Detailed configuration structure com.sap.security.core.ume.service ConfigurationException decryption BadPaddingException Invalid PKCS#5 padding length secstore.key save icon wait Keyphrase, 2150, exit code, PCKS, badpaddingexception, ConfigurationException, Internal, error, decryption, process , KBA , BC-JAS-SEC , Security, User Management , BC-JAS-COR , Enterprise Runtime, Core J2EE Framework , Problem