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Event ID: 10012 Source: WindowsServerUpdateServices

The permissions on directory f:\WSUS are incorrect.
I've solved this error by the following steps:
1. Assign read permission to the volume root where the Wsus content is saved (i.e. to the Local disk, e.g. E:\)
2. Use wsusutil.exe movecontent to move the content to the another folder
See EV100102 (Step-by-Step Guide to Getting Started with Microsoft Windows Server Update Services 3.0 SP1), page 7 for the correct permissions.
See T708487 ("Permissions on WSUS Directories and Registry Keys") for information about setting permissions on WSUS directories.

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