How to remove Schannel Event ID 3688 and Service Control Manager Event ID 7036 from the Windows Events Log (4037408)

After installing the Rapid Recovery agent you notice a multititude of Schannel Event ID 3688 preceded by  Service Control Manager Event ID 7036 in the Windows Application Log.

Schannel Event ID 3688 error message reads:

"A fatal alert was generated and sent to the remote endpoint. This may result in termination of the connection. The TLS protocol defined fatal error code is 70. The Windows SChannel error state is 105."

Service Control Manager Event ID 7036 reads:

The Software Protection service entered the running state.

Although the functionality of the protected server is not affected, you want to remove these events.

1. Schannel Event ID 3688:
   1. This issue may be the result of TLS 1.2 NOT being disabled. If you want to keep the current TLS settings, open the Group Policy Editor (gpedit.exe). Navigate along the following path:  Computer Configuration > Administrative Templates > System > Distributed COM > Application Compatibility. Right click on the "Allow local activation security check exemptions" policy, choose edit and enable it (by default it is not configured). Event ID 3688 should not be logged anymore.
2. Service Control Manager Event ID 7036:
   1. Microsoft states that this is a common occurence. However, the logs may be flooded. If the event shows up in conjunction with Event ID 3688, please try the solution below.
   2. It is assumed that your Windows copy IS ACTIVATED. Navigate to Control Panel>All Control Panel Items>System. In the Windows activation section click the "Change Product Key" link. A window pops up. Click the cancel button. Event ID 7036 should not be logged anymore.