VMware backup error: The host name used for the connection does not match the subject name on the (4045154)

Product & Version: NVBU
OS Version: Any
Module & Version: VMware Plugin
Application version: ESX



Symptoms:
When trying to backup a VM machine, the following is observed in the binary log:

Information 2011/03/24 23:22:00 21301 Data Plugin VCBACK Starting Program 'C:\Program Files\VMware\VMware Consolidated Backup Framework\vcbMounter.exe'
Information 2011/03/24 23:22:01 21301 Data Plugin VCBACK [2011-03-25 00:22:00.356 'App' 3876 info] Current working directory: C:\Program Files\BakBone Softwa...
Information 2011/03/24 23:22:01 21301 Data Plugin VCBACK [2011-03-25 00:22:00.356 'BaseLibs' 3876 info] HOSTINFO: Seeing Intel CPU, numCoresPerCPU 2 numThrea...
Information 2011/03/24 23:22:01 21301 Data Plugin VCBACK [2011-03-25 00:22:00.356 'BaseLibs' 3876 info] HOSTINFO: This machine has 1 physical CPUS, 2 total c...
Information 2011/03/24 23:22:01 21301 Data Plugin VCBACK [2011-03-25 00:22:00.653 'BaseLibs' 3876 info] Using system libcrypto, version 90709F
Information 2011/03/24 23:22:01 21301 Data Plugin VCBACK [2011-03-25 00:22:00.684 'BaseLibs' 3876 warning] SSLVerifyCertAgainstSystemStore: Subject mismatch:...
Information 2011/03/24 23:22:01 21301 Data Plugin VCBACK [2011-03-25 00:22:00.684 'BaseLibs' 3876 warning] SSLVerifyCertAgainstSystemStore: The remote host c...
Information 2011/03/24 23:22:01 21301 Data Plugin VCBACK * The host name used for the connection does not match the subject name on the host certificate
Information 2011/03/24 23:22:01 21301 Data Plugin VCBACK * A certificate in the host's chain is not time valid
Information 2011/03/24 23:22:01 21301 Data Plugin VCBACK * A certificate in the host's chain is based on an untrusted root.
Information 2011/03/24 23:22:01 21301 Data Plugin VCBACK [2011-03-25 00:22:00.684 'BaseLibs' 3876 warning] SSLVerifyIsEnabled: failed to read registry value....
Information 2011/03/24 23:22:01 21301 Data Plugin VC