Acronis True Image 2020: Login in product fails if there is a problem with root certification authority certificate

Symptoms

Attempt to log in on Account tab in Acronis True Image fails with the following error:

An error occurred while signing in. Please try again later.

When checking the log file C:\ProgramData\Acronis\TrueImageHome\Logs\ti_console\ti_console.0.log, error OpenSslErrorTextReason: certificate verify failed or 0x14090086 is found.

Cause

Issue with SSL certificate on the computer, particularly, with root certification authority certificate.