[Windows] Cubase and Nuendo crash upon starting a project

The problem affects all versions of Cubase and Nuendo making use of the Steinberg Hub (Cubase LA/AI/Elements 7, Cubase and Cubase Artist 7/7.5 and Nuendo 6.5).

Please have a look at our Knowledge Base article here:
https://www.steinberg.net/nc/en/support/knowledgebase_new/show_details/kb_show/windows-cubase-and-nuendo-crash-upon-starting-a-project-template.html