Error: "[Microsoft.SharePoint.Client.ServerUnauthorizedAccessException] Access is denied. (Exception from HRESULT: 0x80070005 (E_ACCESSDENIED))" (4320707)

After renaming a Sharepoint site and subsequent synchronisation, the following error appears:

ErrorMessages    (YYYY-MM-DD HH:MM:SS) Executed on: \aad_XXX_test

[2134003] Error executing synchronization.
[1777018] Error executing synchronization project (SharePoint Online tenant 'XXXgroupt')'s workflow (Initial Synchronization).
[1777124] Error executing projection step (Web) of projection configuration (Initial Synchronization (Initial Synchronization)).
[1777219] Error executing synchronization step (Web)!
[1777009] Error loading system objects of class Web (all) (Web_Master).
[System.AggregateException] One or more errors occurred.
[Microsoft.SharePoint.Client.ServerUnauthorizedAccessException] Access is denied. (Exception from HRESULT: 0x80070005 (E_ACCESSDENIED))

This is related to Product Defect ID CR 34471.

WORKAROUND:

None

STATUS:

This will be fixed in a future release of the product. If you require this immediately corrected, contact One Identity Support for a hotfix referencing the Defect CR ID 34471.