MySQL Error MY-011369 – ER_KEYRING_FAILED_TO_SET_KEYRING_FILE_DATA

MySQL Error Message

keyring_file_data cannot be set to new value as the
keyring file cannot be created/accessed in the provided path

Reason for the Error

ER_KEYRING_FAILED_TO_SET_KEYRING_FILE_DATA
was added in 8.0.11.