Cloud enabled agent could not connect to the Symantec Management platform.  

The Symantec Management Agent logs had the following errors:

Failed to create new client credentials, error: The credentials supplied to the package were not recognized (0x8009030D)

InitializeSecurityContext error while client handshake: The message received was unexpected or badly formatted (0x80090326). This is normal if security certificate is not available on the client machine

Failed to create new client credentials, error: The credentials supplied to the package were not recognized (0x8009030D)

InitializeSecurityContext error while client handshake: The message received was unexpected or badly formatted (0x80090326)

The errors in the system event log:

A fatal alert was received from the remote endpoint. The TLS protocol defined fatal alert code is 40.

A fatal error occurred when attempting to access the SSL client credential private key. The error code returned from the cryptographic module is 0x8009030D. The internal error state is 10003.

Enabled a group policy called 
"Allow local activation security check exemptions"

Run gpedit.msc

Computer configuration > Administrative Templates > System > Distributed COM > Application Compatibility Settings Allow local activation security check exemptions and enabled it.