PBI Error: The client and server cannot communicate, because they do not possess a common algorithm

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Upon checking the log files, these are the details associated with this error.

2019-01-03 09:43:18.1920|INFO|12|CONFIG : AccessControlAllowCredentials = [false] (env)
2019-01-03 09:43:18.1920|INFO|12|Received request GET /assets/fonts/PowrMDL2.woff| RequestID = s_f3c01750-fcf5-4089-a00d-64eb6144625d
2019-01-03 09:43:18.1920|ERROR|16|OData exception occurred: System.Net.WebException: The underlying connection was closed: An unexpected error occurred on a receive. ---> System.ComponentModel.Win32Exception: The client and server cannot communicate, because they do not possess a common algorithm
at System.Net.SSPIWrapper.AcquireCredentialsHandle(SSPIInterface SecModule, String package, CredentialUse intent, SecureCredential scc)
at System.Net.Security.SecureChannel.AcquireCredentialsHandle(CredentialUse credUsage, SecureCredential& secureCredential)
at System.Net.Security.SecureChannel.AcquireClientCredentials(Byte[]& thumbPrint)
at System.Net.Security.SecureChannel.GenerateToken(Byte[] input, Int32 offset, Int32 count, Byte[]& output)
at System.Net.Security.SecureChannel.NextMessage(Byte[] incoming, Int32 offset, Int32 count)
at System.Net.Security.SslState.StartSendBlob(Byte[] incoming, Int32 count, AsyncProtocolRequest asyncRequest)
at System.Net.Security.SslState.ForceAuthentication(Boolean receiveFirst, Byte[] buffer, AsyncProtocolRequest asyncRequest)
at System.Net.Security.SslState.ProcessAuthentication(LazyAsyncResult lazyResult)
at System.Threading.ExecutionContext.RunInternal(ExecutionContext executionContext, ContextCallback callback, Object state, Boolean preserveSyncCtx)
at System.Threading.ExecutionContext.Run(ExecutionContext executionContext, ContextCallback callback, Object state, Boolean preserveSyncCtx)
at System.Threading.ExecutionContext.Run(ExecutionContext executionContext, ContextCallback callback, Object state)
at System.Net.TlsStream.ProcessAuthentication(LazyAsyncResult result)
at System.Net.TlsStream.Write(Byte[] buffer, Int32 offset, Int32 size)
at System.Net.ConnectStream.WriteHeaders(Boolean async)
--- End of inner exception stack trace ---
at System.Net.HttpWebRequest.GetResponse()
at Microsoft.ReportingServices.Portal.ODataWebApi.Utils.PbixReportHelper.ShouldReShred(PowerBIReport entity, Uri basePortalUrl, ILogger logger, IPrincipal userPrincipal, String reportServerHostName)
at Microsoft.ReportingServices.Portal.ODataWebApi.Common.CatalogItemControllerHelper`1.GetItem(String key)
at Microsoft.ReportingServices.Portal.ODataWebApi.Common.CatalogItemControllerHelper`1.GetAllowedActions(String Id)
at lambda_method(Closure , Object , Object[] )
at System.Web.Http.Controllers.ReflectedHttpActionDescriptor.ActionExecutor.<>c__DisplayClass10.<GetExecutor>b__9(Object instance, Object[] methodParameters)
at System.Web.Http.Controllers.ReflectedHttpActionDescriptor.ExecuteAsync(HttpControllerContext controllerContext, IDictionary`2 arguments, CancellationToken cancellationToken)

We are using windows server 2016 and SQL Server v17.8.1

Had anyone encounetred similar error and what was the resolution taken to fix it.

Thanks,

Rohith Kothaneth