Acronis Backup, Acronis Backup Cloud: Backup fails with error "The request could not be performed because of an I/O device error"

You have Acronis Agent for Windows and create a backup of Entire machine to local share (or cloud).

The backup fails with the error:

Error code: 65520
Module: 0
LineInfo: 0xBD28FDBD64EDB8F1
Fields: {"code":"2147943517","$module":"disk_bundle_vsa64_12420"}
Message: The request could not be performed because of an I/O device error