Also wanted to state that network-tracking feature is disabled
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I was given this KB from the servicedesk which seems to have helped McAfee KnowledgeBase - It basically asks us to run the command:
Sadmin config set SrvThreadBypassConfig=1
We will monitor results and feed back in a few days.
just an addition from the support desk - the command 'config set' will not scan the length of the file path. It the path exceeds 250 characters we would face this issue. Hence we are excluding the path name