installing 7.2 IDM error Encrypt password Encrypting password failed - error code: 6

Hi Experts

I installed IDM 7.2 using MSSQL 2008. The database scripts were installed in a named instance

After installing the designtime & runtime SP5 and at the point where I have to configure the JDBC String URL and click Finish, I got this error message

Encrypt password

Encrypting password failed - error code: 6

Checked in the logs of the database, no logs entry was available

I've searched for this error message but I couldn't find any thing related to this. Would appreciate your help and ideas

Thanks