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To fix the issue:
  1. Open the Command Prompt (cmd.exe).
  2. Change the directory to "%windir%\system32\inetsrv\" and type the following:
    appcmd.exe set config -section:system.webServer/httpCompression /-[name='xpress']
  3. Launch the WFBS console. You should be able to access and log in to the console successfully.