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MBAM fails to take ownership of TPM

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KB Article: https://support.microsoft.com/kb/2640178

INTRODUCTION

When Microsoft BitLocker Administration and Monitoring (MBAM) tries to initialize TPM, on some machines you may see the below error message.

Error

BitLocker drive
encryption has a problem and must close.

BitLocker will close
now. Contact the help desk of your company if you need additional help.

Details

Error taking
ownership of the TPM.