SureBackup job fails with "Unnamed VM could not initialize" error

Challenge

SureBackup job fails with "Unnamed VM could not initialize" error
In the logs you can see the following error message:
[19.03.2015 14:38:08] <01> Error Failed to power on virtual machine
[19.03.2015 14:38:08] <01> Error 'Unnamed VM' could not read or update virtual machine configuration: The security ID structure is invalid. (0x80070539).

 

Cause

The issue appears if the target host is not able to resolve SID referenced in Security Descriptor in .xml of the VM.
In this case VM import will fail.
Security Descriptors 
Security Identifiers 
 

Solution

In order to resolve the issue the following registry value should be created on the Veeam Server:
HKEY_LOCAL_MACHINE\SOFTWARE\VeeaM\Veeam Backup and Replication
CutHvVmSecuritySettings = 1 (DWORD)