Cubase 9.5.10 maintenance update

Hi, just installed Cubase Elements 9.5.10 over 9.5 on a Windows 10 desktop.
I’m using a blue plastic USB key (originally supplied with Cubase SE 3).

Now I see this message box (with those typos)…
title: eLicenser Control - Message
message: Soft-eLiceneser doesn’t have enought permissions to run properly. Please run LCC to fix this problem.
button: OK

When I click the OK button, Cubase starts normally.

I previously saw a very similar message and behaviour when I updated Cubase Essentials 5, but problem seemed to have gone away with install of 9.5.

I hope this helps.
Thanks,
Alasdair