This morning I noticed the following error when opening K2 Workspace

After starting K2 Server in console mode I found the following error.

Error   7498 An error has occurred: System.Messaging.MessageQueueException (0x80
004005): Access to Message Queuing system is denied.
   at System.Messaging.MessageQueue.MQCacheableInfo.get_ReadHandle()
   at System.Messaging.MessageQueue.StaleSafeReceiveMessage(UInt32 timeout, Int3
2 action, MQPROPS properties, NativeOverlapped* overlapped, ReceiveCallback rece
iveCallback, CursorHandle cursorHandle, ITransaction transaction)
   at System.Messaging.MessageQueue.ReceiveCurrent(TimeSpan timeout, Int32 actio
n, CursorHandle cursor, MessagePropertyFilter filter, MessageQueueTransaction in
ternalTransaction, MessageQueueTransactionType transactionType)
   at System.Messaging.MessageQueue.Receive(MessageQueueTransaction transaction)

I have rebooted the server several times, and restarted all of the services, but the issue persists.